Journal Article
First-Time Homebuyers Appear to Be Younger, Less Creditworthy in Eighth District
Abstract: First-time homebuyers are essential to the dynamics of the housing market by allowing current homeowners to trade up. The number of first-time homebuyers decreased between 2000 and 2011, and then started slowly increasing again. There are many possible reasons why this happened, such as rising rent and home prices, rising student debt and tightening credit standards.
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https://www.stlouisfed.org/publications/regional-economist/fourth-quarter-2017/first-time-homebuyers-age-creditworthiness
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https://www.stlouisfed.org/~/media/Publications/Regional-Economist/2017/Fourth_quarter_2017/District_Overview.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2017
Volume: 25
Issue: 4
Order Number: 8