The First Time Homebuyer Profile
What does the average first time homebuyer look like? Believe it or not, they may not be much different from you. You may be closer to buying your first home than you think and we’ll go over a few key attributes regarding the average first time homebuyer in America.
A lot of the myths of the average first time homebuyer are addressed in this episode of The Homeowner Prep. We will cover the average age, median income, family dynamics, credit and more. Our hope is that you can understand what’s actually needed to buy your first home and avoid some of the pitfalls that may be keeping you on the sidelines.
If you are looking to buy your first home, definitely check out this episode and use the guidance and advice we provide to help you buy your first home smarter and faster!
“You’re not too old or too young to become a first time homebuyer.”
Eric Hellon
What You’ll Learn from this Episode:
- The Average Age of a First Time Homebuyer
- The Median Income of First Time Homebuyers
- The Credit Score Needed to Buy Your First Home
- How Much Money You Need for a Down Payment
- And much more!
Highlights:
00:00 – You Look Like a First Time Homebuyer
00:40 – Intro
01:02 – Welcome to Homeowner Prep
01:50 – The Average Age of a First Time Homebuyer
04:43 – The Median Income of a First Time Homebuyer
05:58 – The Family Makeup of a First Time Homebuyer
07:43 – The Credit Score of a First Time Homebuyer
09:21 – The Down Payment of a First Time Homebuyer
12:00 – Get Started with Homeowner Prep
13:10 – Outro
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