First-Time Buyers Persevere in Difficult Housing Market
Pro Builder
NOVEMBER 11, 2021
They’ve been able to save for a down payment without paying rent and be able to pay down debt,” says Lautz. The typical first-time buyer was 33 and had a median household income of $86,500 in 2020. “That’s given first-time homebuyers a leg up. The lower rates helped to offset higher home prices.
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