Which Comes First… Marriage or Mortgage? | Lake County Ohio

If you are planning to buy a home in Lake County, Ohio. As a real estate agent, I want to be prepared to ensure that you are given the best buying experience with knowledge and expertise to guide you along the way. 

Now, I would like to talk about  Which Comes First… Marriage or Mortgage.

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According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.

But, many couples are also deciding to buy a home before spending what would be a down payment on a wedding, as unmarried couples made up 16% of all first-time buyers last year.

If you’re single, don’t fret! Single women made up 18% of first-time buyers in 2017, while single men accounted for 7% of buyers. A recent report pointed to a sense of responsibility and commitment that drives many single women to want to own their own homes rather than rent someone else’s.

Here is the breakdown of all first-time homebuyers in 2017 by percentage of all buyers, income, and age:

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BOTTOM LINE

You may not be that much different than those who have already purchased their first homes. Let’s get together to determine if your dream home is already within your grasp!

The Ficzner Group is a technology-driven local real estate company that serves the Lake, Geauga & Cuyahoga County areas. Our sales team of Zillow Premier Agents use advanced search technologies that make searching the web seamless and marketing your home instant within the Zillow & Trulia Marketplace.   

To connect with us directly, 

Please call Mike at 440-305-6349

Or via email:  REALESTATE@FICZNER.COM

Visit us at www.ficzner.com- Call or text 440-305-6349 for more information