First Comes Love… Then Comes Mortgage

Buying a Home by Natasha Lingle

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 2016 at 58% 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 14% of all first-time buyers last year.

If you’re single, don’t fret! Single women made up 18% of first-time buyers in 2016, while single men accounted for 8% of buyers. One recent article pointed to a sense of responsibility and commitment that drives many single women to want to own their home, rather than rent.

Here is the breakdown of all first-time homebuyers in 2016 by percentage of all buyers, income, and age:

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!

Your Step-by-Step Guide to Buying Your Dream Home

---

Enter your email to get your FREE Buyers’ Guide!

Get Your FREE Guide

First Name *

Email

Captcha

If you are human, leave this field blank.

Get Your FREE Guide

Related Articles

Is Your Northern Virginia Home Radon Free? What Every Home Buyer and Seller Needs to Know About Radon Testing & Remediation

Buying a Home | Northern Virginia

From my experience, majority of home buyers and owners are unfamiliar with what Radon is and don’t know that it might be present in a home. After all, this invisible, odorless gas doesn’t really give itself away.

Read More

Vienna VA New Construction Homes: View Listings & Schedule Showings

Buying a Home | Inside Vienna VA

Whether you’re envisioning a modern condo, a stylish townhouse, or a luxurious single-family home, my professional MLS database offers an extensive collection of newly constructed properties with the most up-to-date information. Take advantage of advanced search filters, detailed property information, and stunning visuals to make informed decisions on your path to homeownership.

Read More

Buy New Home in McLean VA & Vienna VA: Insider Secrets to Buying New Construction Homes

Buying a Home | New Construction Homes

Looking to buy new home in Vienna & McLean, VA? Discover best pro tips. Get inside scoop from knowledgeable local agent. And browse new homes currently for sale.

Read More

The Benefits of a Builder’s Warranty: What You Need to Know

Buying a Home | New Construction Homes

New Doesn’t Always Mean Perfect Avoiding repairs and maintenance is a major reason for buying new homes. The buyers expect perfection, but very few new construction homes escape all problems in the first year. It can take a year of living in a new home and experiencing all of the seasonal changes to put the […]

Read More