What percentage of mortgages are for people under 35, as cited in the video?

Name: War for first-time home buyers. How do you win? #homebuyingtip
Uploaded: 2024-05-23T15:00:52+00:00
Duration: 36 s
Channel: David Sidoni
Description: David Sidoni explains why first-time buyers should start working with a realtor and lender months before they plan to buy. Interest rates and prices are…

David SidoniFirst-time home buyer advocate, podcast host, and real estate pro helping renters become owners with real talk and no BS

War for first-time home buyers. How do you win? #homebuyingtip

23 May 2024 · 1 min

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0:36

David Sidoni explains why first-time buyers should start working with a realtor and lender months before they plan to buy. Interest rates and prices are high while inventory is low. 42% of mortgages go to people under 35, so being ready when opportunities come matters.

Questions this video answers

42%

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First time home buyers. Here's what's happening out there and what you can do about it. Interest rates are up, prices are going up, there's no homes for sale, and unaffordability, that's at an all time historic high. So here's the solution so you can win this battle. Recent stats show that 42% of all mortgages are for people under 35 years old and their number one tip is that they started working with a realtor and a lender months before they were ready to buy. Don't be afraid to talk to a professional. If they blow you off, they're not for first time homeowners. Find somebody ready to give you some simple action steps you can do today so later on you can win this battle.