Recent first-time buyers have had to navigate several obstacles to homeownership, including higher rents and home prices, tight inventory conditions and repaying student loan debt. These impediments have resulted in the lowest percentage of first-timers in transactions since NAR began tracking them in 1981. This infographic presents the characteristics of today's typical first-time buyer.
This infographic contains September 2017 foot traffic information.
The information in this infographic is from September 2017 Existing-Home Sales data.