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Thursday, April 18, 2013
Activity from First-Time Homebuyers Increases in February
Investor interest in buying homes remains strong, while first-time homebuyer interest is steadily growing! According to results from the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, first-time homebuyers made up 34.5 percent of home purchase transactions in February. Furthermore, homebuyer traffic measured by the HousingPulse index has shown that first-time homebuyer traffic has spiked to a four-year survey high of 66.4 percent in February (an index score above 50 percent reflects an increase in home shopping traffic).