The top item that buyers sacrifice is new clothes, at 54%. 95% of first-time homebuyers are willing to sacrifice to make homeownership a reality.
Even repeat or experienced buyers say they sacrificed taking a vacation or buying a new car to buy their last home.
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69 percent buyers wrong - According to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, mortgage professionals say that first-time buyers still believe a 20% down payment is necessary to buy in today’s market. 69 Percent Buyers Wrong Nearly 40% of mortgage industry professionals surveyed believe that a lack of knowledge [...]