Interesting Facts About First-Time Home Buyers

Hi Kristin,

I bought my first home at age 23.  Had to have 20% down and interest rates were 14.75%.  I lived in it for 7 years and sold it for a profit.  Purchase price was $53,600 back then and I sold it for $73,000.  Best thing I have ever done in my life.  I hope your young buyers will realize their dreams by working with you as I did mine many years ago.  Have a great day.

Kelly Klein

Kristin, Kelly had me beat!  I was 23 with 20% down, but my rate was only 11.25%!  we forget how good we have it now with rates being so low.  I have always loved working with first time buyers and walking them trough the process to be sure they are comfortable at the end of the transaction.

These facts lean toward a direction that will return success in home ownership.  Flipping properties became a get rich quick scheme and we're all affected by that mentality.

I love working with first time homeowners it is so fun to find the right fit and to see the excitement of homeownership.  I was 24 when I bot my 1st home, 20% down, 17% interest price of $32,000.  Sold it 10 years later for $72,000. 

I bought my first home at the age of 27 because I was inspired by a colleague that purchased his first home at 20.

Kristin.. This is some good information and stats.  Thanks for sharing.  When you have a moment could you tell me how you joined Facebook.  I'm having a problem doing so. 

I love working with them too!  I run a monthly class every month, but attendance isn't good at all.  I wish I knew a way to connect with them.  I do some with brides so I get them that way and I work with a lot of teachers who often are first time buyers too.