First-time homebuyers remain an important segment of the real estate marketplace as the statistics in this Infographic show!
And while statistical analysis of the rent versus buy decision-making process, particularly in markets like New York City, tries to determine whether financially one or the other makes the most sense, homeownership still remains one of the great American dreams!
For Realtors, this is a segment of the market that can definitely not be overlooked!
Infographic: Profile of First-Time Homebuyers
This Infographic, courtesy of the website HouseHunt.com, provides a great overview of the critical first-time homebuyer segment of the real estate market nationwide.
Written by Michael Haltman, President of Hallmark Abstract Service, New York.
HAS is a provider of title insurance in New York State for residential and commercial real estate transactions of any size.
To the consumer: Remember that while your attorney will likely recommend a title insurance provider, you have the right to choose your own (click here to learn more)!
And while the title insurance premium will not vary from firm to firm, the other fees involved in your transaction most definitely will! Send us your title bill to make sure you’re not paying too much!
If you have any questions you can reach Michael by email at firstname.lastname@example.org.