First Time

Buyers

HOUSEHOLDSin the U.S.*

2014-2017121MCurrent 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 year4.2MMortgage.LHFS.com/NickPurchio

MILLENNIALS

NAR 2014

Percentage of Buyers by Generation

Mortgage.LHFS.com/NickPurchio

Happiness - 62%

Independence - 61%

Achievement - 59%

Millennials: Associate Owning A Home with…

Pulte Group 2014Mortgage.LHFS.com/NickPurchio

Unemployment Rate: Millennials Ages 25-32

with a Bachelor’s Degree vs. U.S. Rate

Bureau of Labor Statistics & Pew ResearchMortgage.LHFS.com/NickPurchio

Median Annual Full Time Wage: Millennials Ages 25-32

with Bachelor’s Degree vs. U.S.Rate

Bureau of Labor Statistics & Pew ResearchMortgage.LHFS.com/NickPurchio

Federal Reserve

OVER 30X greaterthan renters

Homeowners Net Worth…

Mortgage.LHFS.com/NickPurchio

An American Family’s

Net Worth

Federal ReserveMortgage.LHFS.com/NickPurchio

Buying is CHEAPER than

renting in ALL of the 100

largest metros by

an average of… 38%

Trulia 2/2014Mortgage.LHFS.com/NickPurchio

The Increasing Cost of Renting

Census Bureau 2014

Median Asking Rent

1988-2013

Mortgage.LHFS.com/NickPurchio

CONTACT ME TO TALK MORE

Nick Purchio

Land Home Financial Services

Nick.Purchio@LHFS.com

Mortgage.LHFS.com/NickPurchio

925-708-8527

NMLS/CA-DBO #1098212

PurchioMortgageHouse.BlogSpot.com

I’m sure you have questions and concerns…

I would love to talk with you more about what you read here, and help you on the path to

buying a home. My contact information is below. I look forward to hearing from you…