Welcome to the UtahsBestRE.com Blog

2017-02-16 15:27:56
First Comes Love… Then Comes Mortgage?

First Comes Love… Then Comes Mortgage?

First Comes Love… Then Comes 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 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:

First Comes Love… Then Comes 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!

 
Blog Archive
2017-07-14 10:45:41
Home Buying Myths Slayed!

2017-07-05 14:09:47
First time home buyer, how do I apply for FHA?

2017-06-14 15:40:15
The Impact Your Interest Rate Makes

2017-05-30 13:03:34
5% Down With No PMI?

2017-05-16 14:47:50
Do You Know the Cost of NOT Owning Your Home?

2017-05-03 09:39:31
What is Mortgage Insurance?

2017-04-26 12:59:38
Real Estate Mogul: Here’s Why You Should Buy

2017-04-21 15:06:52
Slaying Home Buying Myths

2017-04-10 14:19:27
Buying this Spring? Be Prepared for Bidding Wars

2017-03-30 10:37:12
What Are the Experts Saying about Mortgage Rates?

2017-03-21 15:41:25
4 Great Reasons to Buy This Spring!

2017-03-14 11:13:11
7 Steps to Staying Mentally Sharp After 60

2017-03-03 13:11:18
Do You Know How Much Closing Costs Will Cost You?

2017-02-24 11:13:16
Do You Know the Real Cost of Renting vs. Buying?

2017-02-16 15:27:56
First Comes Love… Then Comes Mortgage?

2017-02-09 14:26:15
Preparing Your Home for a Loved One with Alzheimer

2017-02-01 10:20:45
DIY Safety Tips for Seniors

2017-01-24 14:29:26
Is This the Year to Move Up to Your Dream Home? If

2017-01-16 14:20:50
Modifications to Make Aging-in-Place Safe

2017-01-10 13:48:59
You Need a Professional on Your Team When Buying

2017-01-03 12:32:48
Inadequate Inventory Driving Prices Up

2016-12-27 11:17:52
The Fed Raised Rates: What Does that Mean For You

2016-12-15 10:14:33
Building Your Family’s Wealth

2016-12-07 11:03:40
Buying is Now 37.7% Cheaper Than Renting in the US

2016-11-30 11:44:03
Why Are Mortgage Interest Rates Increasing?

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.