According to the National Association of Realtors, recent first-time buyers have had to navigate several obstacles to homeownership, including higher rents and home prices, tight inventory conditions and repaying student loan debt. These impediments have resulted in the lowest percentage of first-timers in transactions since NAR began tracking them in 1981.
This infographic presents the characteristics of today’s typical first-time buyer. For more information, please read “First-time Buyers Stifled by Low Supply, Affordability: 2017 Buyer and Seller Survey” published by the National Association of Realtors.
How does this relate to the Jackson Hole real estate market? Ask Audrey.