In the first three months of 2017, the homeownership rate was 63.6 percent; in the last three months, it was 64.2 percent, the U.S. Census Bureau’s Quarterly Housing Vacancies and Homeownership Report shows.
These are the important 1st steps to buying a home. Once you have your credit in order, gotten the best loan available and gotten your pre-approval, it is only then that you start to go look at homes.
First time homebuyers profile. 57% were married couples and 18% single females, 16% were unmarried couples. 73% rented an apartment or house before buying a home.