First-Time Home Buyers on the Rise [Infographic]
First-time home buyers have been slipping for three straight years, but coming in at 35% last year, 2016 marked the highest share of U.S. sales to first-time buyers since 2013. The median age of these first-time buyers was 32 years old while they averaged a 6% portion for their down payment. More details are listed below, including their household incomes and the average square footage of the properties they purchased.
