Money: Are You Overleveraged?

• Share

(2 of 2)

43% Proportion of first-time homeowners who bought their houses with no money down, up from 28% two years ago

WHO'S BUYING MORTGAGES? The median income for first-time home buyers in the U.S. is $57,200 • Married couples make up 61% of home buyers, compared with 70% in 1995 • Whites account for 77% of first-time buyers, African Americans for 10% • Single women make up 21% of home buyers; 9% are single men. • Nearly a quarter of home buyers say they found their homes on the Internet, up from 15% a year ago