• According to the latest edition of the Realtors® Confidence Index, in October 34 percent of home buyers had a down payment greater than 20 percent, 29 percent paid cash, and 34 percent were first-time buyers.
  • Normally one would expect to see first-time buyers at 40 percent of the market, but investors and cash buyers apparently are absorbing part of the first-time buyer market.
  • Many market observers have also mentioned tight credit as having a negative impact on first-time buyers.

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.