First Time Buyers have increased Nationally

Real Estate

According to a Hanley-Wood report First time buyers outperformed the broader housing market.  They are not immune to declining affordability and their number declined nationally in 35 states...I'm sure California is one of them.  Hopefully this will remind the policy makers of the importance of housing affordability, but I'm not sure what they can do about our prices.  Part of the reshaping of demographics  is because first time home buyers moved out of  California, Illinois, Massachusetts, Michigan, Louisiana, New York and Texas, and into states such as Arizona, Florida, Georgia, Delaware, Idaho and Nevada. Also it seems that homeowners are staying in their homes longer, especially the Baby Boomers like me, but we must remember that we can take our tax base forward, if thinking of moving call me so I can help you understand and walk you through the process.