A More Diversified Homebuyer Market

A More Diversified Homebuyer Market

Short Sale Solutions

The U.S. homebuyer has become more diversified with more foreign-born buyers and more single female buyers entering the market.

Millennials or generation Y, which is vital for the future well-being of the real estate market, made up 32% of all buyers. This was the largest share of homebuyers for any age group.

The big hurdle for the young buyers was the down payment. 63% of buyers under 35 put a 10% or less down payment on a home and 45% put 5% or less down.

 

A MORE DIVERSIFIED HOMEBUYER MARKET  Short Sale Solutions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: DSNews.com

A More Diversified Homebuyer Market

Short Sale Solutions

 

 

 

 

 

 

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