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6 Interesting Things About First Time Home Buyers

First time home buyers make up about forty percent of the market, but their presence is more important that their minority share indicates. Here are 6 interesting things about first time home buyers.

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6 Interesting Things About First Time Home Buyers

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  1. First-time home buyers fell to a market share in the past year from a record high 50% in the 2010 study

  2. 94% of entry-level buyers chose a fixed-rate mortgage. 54% of first-time buyers financed with a low-downpayment FHA mortgage, and 6% used the VA loan program which requires no downpayment.

  3. Reference: realtor.org Data presented by Keller Williams Realty Memorial - Houston's real estate technology leader since 1989. Visit our official website at

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