First Time Home Buyers percentage of the Real Estate Market
The percentage of homes that were sold to First Time Home Buyers has increased to 47% nationally. Locally in the Cincinnati market we were at 40% for First Time Home Buyers.
Normally the national market numbers come in around 40% of the sales are first time home buyers.
The West region lead the nation in percentage of first time home buyers with 51%. Even though the Midwest came in at 48%, the Cincinnati market had 40%of it's sales in 2009 attributed to First Time Home Buyers.
If you have any questions about the Real Estate market. Simply call Scott Baker REALTOR® AT 513-403-5323. Visit www.ScottBakerHomes.com