How sellers can catch the first-time buyer wave this summer

  • The more people you can get to appreciate your home, the more likely you are to sell it in this competitive real estate season.
  • Concentrate your selling efforts on millennials and first-time homebuyers, as they are expected to make up the largest buyer pool this summer.
  • Eliminate burdensome costs that could scare away younger buyers, and focus on kitchens and baths.

The spring real estate market has been one of the busiest in nearly a decade, with homes moving the fastest since the start of the housing recovery, and asking prices reaching record highs. As the summer market heats up, first-time homebuyers are expected to make significant contributions to the already-impressive buyer pool, catapulting demand higher than it has been in years.