Who is Buying Homes in Lancaster, PA ?

By
Real Estate Agent with KW Elite
https://activerain.com/droplet/59W6

Which Comes First… Marriage or Mortgage?

Which Comes First… Marriage or Mortgage? | MyKCM

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.

But, many couples are also deciding to buy a home before spending what would be a down payment on a wedding, as unmarried couples made up 16% of all first-time buyers last year.

If you’re single, don’t fret! Single women made up 18% of first-time buyers in 2017, while single men accounted for 7% of buyers. A recent report pointed to a sense of responsibility and commitment that drives many single women to want to own their own homes rather than rent someone else’s.

Here is the breakdown of all first-time homebuyers in 2017 by percentage of all buyers, income, and age:

Which Comes First… Marriage or Mortgage? | MyKCM

Bottom Line

You may not be that much different than those who have already purchased their first homes. Let’s get together to determine if your dream home is already within your grasp .

Buyers, your first step is obtaining Mortgage Pre-Approval ! Email mikeperrykw@gmail.com  to get started .

 
Posted by

 

Michael J. Perry

KELLER WILLIAMS Elite

www.lancaster4sale.com  

 

1280 Plaza Blvd. , Lancaster, PA 17601

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Longtime West Lampeter resident and Lancaster County Realtor!

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Topic:
Real Estate Market Trends
Location:
Pennsylvania Lancaster County Lancaster
Groups:
1st Time Buyers
ABR-Accredited Buyer Representatives
Keller Williams
Buyer Information - What Buyers Need to Know in Today's Market
Advice for Sellers
Tags:
first time buyers
buying a home
getting a mortgage
obtaining a mortgage
my first home
buyer strategies
west lampeter real estate news
penn manor real estate news
solanco real estate news
hempfield real estate news
obtaing preapproval

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Rainmaker
3,319,604
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Interesting statistics from NAR...now in our market if there were just Homes to BUY !

Feb 20, 2018 03:55 AM #1
Rainmaker
3,425,030
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Michael. Interesting statistics indeed. Thanks for the update. Enjoy your day!

Feb 20, 2018 05:32 AM #2
Rainmaker
1,858,289
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

211 Views to date 

Apr 15, 2018 08:02 AM #3
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Rainmaker
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Michael J. Perry

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