Comments on: Number of First-Time Home Buyers is Increasing http://bengelblog.com/2008/11/12/number-of-first-time-home-buyers-is-increasing/ Musings of Charlie Bengel, Jr., Chief Executive Officer of RE/MAX Allegiance, the Greatest Real Estate Brokerage in the World. Wed, 20 Jul 2011 20:47:54 +0000 hourly 1 http://wordpress.com/ By: HamptonParkHomes.Com : First time homebuyers on the increase http://bengelblog.com/2008/11/12/number-of-first-time-home-buyers-is-increasing/#comment-57 Thu, 20 Nov 2008 14:11:32 +0000 http://bengelsblog.wordpress.com/?p=105#comment-57 [...] time homebuyers on the increase Number of First-Time Home Buyers is IncreasingNovember 20, 2008 by Dee Anderson Low home prices and excess supply helped drive a rise in [...]

]]> By: Lisa Burrow http://bengelblog.com/2008/11/12/number-of-first-time-home-buyers-is-increasing/#comment-54 Tue, 18 Nov 2008 14:59:20 +0000 http://bengelsblog.wordpress.com/?p=105#comment-54 I can concur on the first time homebuyers being a large percentage, as they were the majority of my business last year. After reviewing the numbers though of the avg. of $165K, I realize that other agents out there have been probably having the same wo’s I have had this past year. Can also see it in our agent e-mails that go out trying to find properties, trying to get properties fixed, etc.. And it’s not that they won’t look themselves for their clients homes, they have exhausted the mls and branching out.

When people talk of the market is dead sometimes..I don’t think that’s the case and the numbers aren’t reflecting such. It’s not that we don’t have buyers that can’t get qualified as many think. They can get qualified, it’s just not for the amounts they’d like. We are just having a hard time finding buyers homes that will suffice them in their price range…this is the main problem I see. I have looked at over 60 homes with a client over last few weeks to no avail of finding the exact home. Client even begin to give up the 4 BR wish for a 3 BR.. We are out of inventory in our price range to view and just waiting for the right one to pop. And I don’t blame my client for not moving on many of the homes, most aren’t even habitable..no working heat and ac..water damage problems, etc. etc. etc..

Are other agents dealing with the same and how can we assist in finding more suitable affordable housing in what our clients see as “safe areas”? Any ideas?

Lisa

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