First Time Home Buyers Bought Half The Homes In 2016

First Time Home Buyers Bought Half The Homes In 2016

First time home buyers are rockin' the market. Zillow found 47 percent of buyers this year moved into their first homes. Congrats!


That's the good news. People have been able to scrap up the down payment, clean up their credit and navigate the mortgage gauntlet to be able to purchase their dream home.


Here's the challenging news: According to the Zillow Group's first annual Report on Consumer Housing Trends report, mostly college-educated buyers are the ones able to do all of the above. The report found 62 percent of 2016 buyers had at least a four-year college degree.


Here's a big surprise: the report found buyers 65-75 years old bought smaller homes than the ones they left but paid more for them. (ouch!).


Zillow released the report last week.


Image result for young people in their homes

(hugs)) BETH Ellyn

The Las Vegas Real Estate Concierge

State Managing Broker, Nevada

702.758.4318  Talk. Text. SMS. Video chat

beth.rosenthal@exprealty.com

Las Vegas Propportunities  Facebook business page and home of the "Deal of the Day"

@yale1974  Twitter

BA: Yale

MS: Columbia

MBA: L'ecole du Hard Knocks

Licensed in Nevada since 1996: I have previous

When competence AND creativity matter!


Beth Ellyn Rosenthal Headshot
Author:
Phone: 702-324-6911
Dated: October 24th 2016
Views: 55
About Beth Ellyn: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Why Mortgage Interest Rates Are Spiking And What It Means To YOU - This past week we had something not
Vegas Is Americas Most Popular Thanksgiving Location - Las Vegas is America's No. 1 vacatio
A Math Competition In Vegas REALLY - Las Vegas is known for a quirky, kin
Save That I Voted Sticker - Here's a great reward for this horri

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

eXp Realty Las Vegas
6671 Las Vegas Boulevard South Suite D-210
Las Vegas, NV
702-830-7634