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The Worries of First-time Home Buyers In Southeast Texas and Across the Nation

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Worried dogIts not surprising the first-time home buyers worry about getting a loan.  It may surprise you that they worry home prices may go up in the next six months.

A survey of 1,000 first-time home buyers conducted in early March reveals some other interesting facts. InmanNews reports that the survey conducted for Century 21 Real Estate LLC, also shows:

  • 42% say they are comfortable buying today
  • 48% say they are waiting for prices to go down
  • 69% say they are worried about prices going up if they don't act soon
  • 85% say current home prices are affordable
  • 75% think it is difficult to get a loan
  • Only 41% were aware of the $8,000 first-time home buyer tax credit
  • 77% said the tax credit makes them more likely to buy a home in the next six months

If you are a Southeast Texas first-time home buyer let me know what you worry about.  Ask me for a free home buyers guide.  It may help answer some of your questions and take the worry out of buying your first home.

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