First-time Buyers Pouring into Housing Market

According to the American Enterprise Institute’s (AEI) International Center on Housing Risk, the number of primary owner-occupied, first-time buyer purchase mortgages have increased by 4.5% over the last 12 months. In addition to the increasing percentage of first-time buyers over the last?year; they also accounted for a whopping 51% of all buyers this past February.

May2015-16