First TimeBuyers

HOUSEHOLDSin the U.S.*2014-2017

121MCurrent Households in the United States

3.7%Projected Growth over

the Next 3 Years

*Urban Land Institute’s 2014

Emerging Trends in Real Estate

4.48MAdditional Households to

be Formed

Are 4.2M First Time Buyers about to Buy?

Zillow 3/2014

of all renters nationwide would like to buy within the next 12 months10%

first-time home sales, if all renters that wanted to buy actually did purchase a home in the next year4.2M

NAR 2014

Percentage of Buyers by Generation

Millennials: Associate Owning A Home with…

Pulte Group 2014

Unemployment Rate: Millennials Ages 25-32 with a Bachelor’s Degree vs. U.S. Rate

Bureau of Labor Statistics & Pew Research

Median Annual Full Time Wage: Millennials Ages 25-32 with Bachelor’s Degree vs. U.S.Rate

Bureau of Labor Statistics & Pew Research

Federal Reserve

OVER 30X greaterthan renters

Homeowners Net Worth…

An American Family’s

Net Worth

Federal Reserve

Buying is CHEAPER than renting in ALL of the 100 largest metros by an average of… 38%

Trulia 2/2014

The Increasing Cost of Renting

Census Bureau 2014

Median Asking Rent1988-2013