first-time buyers
Initial property purchasers
First-time buyers are people purchasing something for the first time, almost always referring to those buying their first home.
The term appears constantly in real estate and mortgage contexts, where first-time buyers often qualify for special loan programs or tax benefits: The market has become increasingly difficult for first-time buyers.
Sometimes hyphenated as first-time homebuyers.
- affordabilityState of being purchasable
- real estate agentLicensed property seller
- homeownershipLegally possessing residential property
- mortgageSecured home loan
- downpaymentInitial payment toward purchase
fixed-rate mortgage · closing costs · home inspection · property · keys · debt-to-income ratio · starter home · housing cooperatives · credit score · title insurance · housing subsidies · housing market · real estate market · affordable housing · deposits · property appraisal · pre-approval · adjustable-rate mortgage
- buyerspurchasers, purchaser, homebuyers, shopper, consumer
- customerscustomers, clients, consumers, shoppers, patrons
- housingapartments, home, house, houses, homes
- demographicspopulation density, population growth, age distribution, population, gender ratio
- shoppersshoppers, bargain hunters, window shopper, window shoppers, budget shopper
- housing rulesrent control, fair housing, zoning, tenant rights, eviction laws
time, first, buyer, timer, buys, buyers, first-time, first-timer, first-time buyer