First Time Home Owners
In 2014, first-timers made up about 33% of home buyers—the lowest share in nearly three decades, and well below the historic average of about 40%. This is due in large measure to high student loan debt.
In 2014, first-timers made up about 33% of home buyers—the lowest share in nearly three decades, and well below the historic average of about 40%. This is due in large measure to high student loan debt.