Wondering who the 2023 first-time homebuyer is? According to recent studies and industry data: Millennials and Gen Z: These generations are taking the lead in first-time home purchases, with their housing preferences and priorities shaping the market. Tech-Savvy: They embrace digital tools and online resources for property searches, mortgage applications, and virtual tours. Financially Savvy: Today's first-time buyers are diligent savers, often with a solid understanding of mortgage rates, credit scores, and loan options. Urban Dwellers: Many are drawn to city living but also value space, convenience, and sustainability in their home choices. Student Loan Holders: Managing student debt is a common challenge, influencing their financial decisions and home affordability strategies. Source: National Association of Realtors Are you a first-time homebuyer? Share your experiences and questions in the comments below! 🏠🔍 #FirstTimeHomebuyer #2023Trends #RealEstateInsights

By Christi Milroy July 7, 2025
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