{"id":18575,"date":"2021-03-08T11:38:52","date_gmt":"2021-03-08T11:38:52","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=18575"},"modified":"2021-03-08T11:38:52","modified_gmt":"2021-03-08T11:38:52","slug":"counties-with-the-highest-share-of-first-time-buyers","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/counties-with-the-highest-share-of-first-time-buyers\/","title":{"rendered":"Counties With the Highest Share of First-Time Buyers"},"content":{"rendered":"

Counties With the Highest Share of First-Time Buyers<\/h1>\n
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The pandemic has ushered in a wave of first-time home buyers. But it may not be entirely prompted by the pandemic: Millennials are now the largest cohort of the population and were already starting to settle down before COVID-19. The median first-time home buyer age is 32.<\/p>\n

In January, first-time buyers comprised 33% of existing-home sales, according to the National Association of REALTORS\u00ae.<\/p>\n

But the presence of first-time buyers is higher in some locales. CoreLogic, a real estate data firm, evaluated 500 counties to pinpoint the areas with the most mortgage applications in 2020 coming from first-time buyers. Researchers note that 10 of the 20 counties with the highest share of first-time buyers are in the New York metro area.<\/p>\n

\u201cCounties\u2019 home prices can explain the large share of first-time buyers,\u201d CoreLogic notes at its blog, CoreLogic Insights. \u201cFor example, in the top 4 New York metro counties, first-time buyers paid an average price which is about half or less of what the average price paid was in New York, New York (Manhattan)\u2014at over $1.3 million.\u201d<\/p>\n

The following is a list of the 20 counties with the highest share of first-time home shoppers.<\/p>\n

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\"Top<\/div>\n<\/div>\n<\/div>
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Source:<\/div>\n
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\u201cTop 20 Counties to Watch: Millennial Homebuyers Are Settling Down<\/a>,\u201d CoreLogic Insights (Feb. 10, 2021)<\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Counties With the Highest Share of First-Time Buyers The pandemic has ushered in a wave of first-time home buyers. But it may not be entirely prompted by the pandemic: Millennials are now the largest cohort of the population and were already starting to settle down before COVID-19. The median first-time home buyer age is 32. … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-18575","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nCounties With the Highest Share of First-Time Buyers - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/counties-with-the-highest-share-of-first-time-buyers\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/counties-with-the-highest-share-of-first-time-buyers\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/counties-with-the-highest-share-of-first-time-buyers\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Counties With the Highest Share of First-Time Buyers\",\"datePublished\":\"2021-03-08T11:38:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/counties-with-the-highest-share-of-first-time-buyers\\\/\"},\"wordCount\":222,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/counties-with-the-highest-share-of-first-time-buyers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/magazine.realtor\\\/sites\\\/default\\\/files\\\/styles\\\/asset_image_full_content\\\/public\\\/assets\\\/images\\\/3.3.2021_firsttimebuyers.png?itok=Cckm8YC7\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/counties-with-the-highest-share-of-first-time-buyers\\\/\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/counties-with-the-highest-share-of-first-time-buyers\\\/\",\"name\":\"Counties With the Highest Share of First-Time Buyers - 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