First Time Home Buyers, Baby Boomers and All of the Rest!

If you’re an avid reader of my blog, you know that I’m all about statistics. Did you know that over the past year the amount of first-time buyers have dropped significantly? In fact, 4 in 10 of all home sales over the past year made up the first time buyer population, which brings them to 37%. If you look at this statistic from a regional standpoint, the South and Midwest had the smallest amount of first-time buyers with 34% as compared to the Northeast with 43% and the Western Region of the U.S. coming in at 42%.

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