NAR: Record share of first-time buyers

First-time homebuyers accounted for half of all home sales from July 2009 through June 2010, according to a National Association of Realtors survey of buyers and sellers.  That’s the highest share of first-time-buyer purchases in the history of the survey, which dates back to 1981.  First-time buyers responding to the survey made up 47% of sales in 2009.  The vast majority of first-timers – 93% – participating in the survey, and almost three-quarters of all buyers – 71% – responding to the survey participated in a federal homebuyer tax credit program.

Read full article:
http://www.inman.com/news/2010/11/8/nar-record-share-first-time-buyers

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About dherries
Dave and Sally Herries and The RealtyColorado Team - Real Estate Broker serving the metro-Denver area. Offering properties in urban, sub-urban and rural areas. Our mission statement is "Enriching lives through real estate."

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