AgentMarkets & Economy

Infographic: 46 percent of millennials plan to buy a home in next 2 years

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Takeaways:

  • 68 percent of first-time buyers are looking for a move-in-ready home.
  • 62 percent anticipate they will put 20 percent down on their first home.
  • The three biggest roadblocks for first-time buyers are saving for a down payment, paying down debt and inability to find homes in their price range.

TD Bank examined the first-time homebuyer market and put together this infographic about first-time buyers.

First-Time Home Buyer Infographic