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Who’s buying now?

March 28, 2022 By Geoffrey Disch Leave a Comment

Green Escrow | Real Estate Market News

As prices continue to rise and inventory remains disturbingly low, it’s rather surprising to learn in a new report by the National Association of Realtors that first-time homebuyers comprised 34 percent of all purchases in 2021, up from 31 percent the year before.

Millennials purchased 43 percent of homes in 2021, as compared with 37 percent in 2020. Meanwhile, baby boomers – often down-sizing or purchasing second homes – were responsible for approximately 29 percent of all purchases.

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Filed Under: Real Estate Tagged With: homebuyers 2022

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Our clients say...

“I’ve been in this industry for over 20 years. I have seen both fantastic and just “ok” escrow officers. The Escrow Officer and her team are typically the last stop for a borrower during the purchase or refinance transaction. You want that person and team to be personable, professional and helpful to your client. Kathy and her team at Green Escrow has surpassed my expectations. The team has gone the extra mile to ensure my file closed on time and without incident. I’m looking forward to continued success with Green Escrow.””
by Adina Erridge, Bay Equities Home Loans

2010 Crow Canyon Place
Suite 212
San Ramon, CA 94583
Office: (925) 523-3232
Fax: (925) 523-3231

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