What are First-Time Homebuyers looking for?

First-time homebuyers in 2010 are looking for a variety of things...with low interest rates, reasonable pricing, large inventory of housing, and buyer incentives all working to help them...

These buyers are paying more attention to details such as location, square footage, floorplans, amenities, and convenience as the driving force to purchase!

The most common question is in regards to the tax implications of housing as an investment. As more first-time homebuyers are finally realizing their home to be a long-term investment ie. 3-5 years to yield a profit.

What are your thoughts?



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