Entry Level Home Buyers

Dated: 02/18/2015

Views: 384

"Rents are rising at 4 percent, which is twice the inflation rate. I think that will begin to get the attention of financially qualified renters to seriously consider home buying."

Entry Level Home Buyers

28% of the new-home sales number in 2015

After hitting historic lows in 2014,the entry level section of the home market should improve in2015." The first-time buyers will slowly make a comeback. I think  the low  point eas hit in 2014.We will begin some steady recovery in the first-time buyer percentage this year and more so next year."

Lawrence Yum, NAR, as quoted from Builder Magazine

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