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Typical First Time Homebuyer Seeking Tax Credit

Real Estate Broker/Owner with KTHOMES, LLC 100002367

Who Were They?

Marital Status: 49% Married, 25% Single Females, 12% Single Males

Age:  53% Aged 24 to 34, 12% Younger than 24 (That's impressive!)

Area:  52% Purchased in the suburbs, 22% in Urban areas, next highest area was a small town

It seemed like literally EVERYONE was purchasing a foreclosure, but in reality, even though 56% considered it, only 11% actually did.


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Michael Ford
Coldwell Banker Heritage Homes - Marion, AR
Matching Families with Homes

thanks for the Facts and lets have a good year!

May 15, 2010 02:53 PM
Scott Baker
www.eHomeReports.com Coldwell Banker Realty - Liberty Township, OH
Realtor Homes for Sale Cincinnati/Dayton Ohio

Everyone wants a foreclosure until they SEE a foreclosure. Not your average home.

May 15, 2010 02:54 PM
Brian Hoagland

My son just closed on a home. He is in that male 24 catagory single you were impressed with. The tax credit is what I am impressed with and even more impressed with the continued deductions (for interest and taxes)  he will recieve in the years to come. This deduction doesn't run around on the floor, have medical bills or eat anything. (aside from electricity and gas) But you would have to pay for that renting too.

May 15, 2010 02:59 PM