There are a lot of first time home buyers in the market lately.

Dated: 12/15/2019

Views: 332

There are a lot of first time home buyers in the market, and that is because millennials are coming into their thirties. There is a higher percentage of people ready and willing to purchase their homes from 30-35 than 24-29.

There is number of factors contributing to uptick in first time home buyers. Sources say ”Low down payment mortgages are a major source for first-time home buyers. Eighty-eight percent of purchase loans in 2018 went to first-time buyers with a 3%-5% down payment, according to the Genworth report.” For more on first time home buyers click here.

Denver Colorado Real Estate Professional -Michael Steffen

Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada,Aurora and surrounding areas. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! For help with buying or selling a property call 303-981-2750!

eNewsletter Sign Up

Blog author image

Generation Property Group

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....

Latest Blog Posts

There are a lot of first time home buyers in the market lately.

There are a lot of first time home buyers in the market, and that is because millennials are coming into their thirties. There is a higher percentage of people ready and willing to purchase their

Read More

Farmhouse inspiration for a forgotten room.

Most people don't think about decorating this particular room, because people don't really spend time in this room, and that is the laundry room. The laundry room is a space where people just do a

Read More

Looking for a neutral themed tree?

You probably have already put up your tree, but for those who haven't, we have a great idea for the tree decorations. This year we want to present the neutral theme, repurposing ribbons and wooden

Read More

Check out this lavish Miami home!

Miami is getting a lot of attention due to the Art Basel this past week. Alan Faena  is getting a lot of attention in the real estate world for selling his luxurious waterfront mansion.Built in

Read More