2015: Year of the First-Time Homebuyer

New data released by online real estate marketplace Zillow suggests that 2015 will be a breakthrough year for first-time homebuyers.

1 minute read

December 2, 2014, 2:00 PM PST

By James Brasuell @CasualBrasuell


"Zillow’s predictions for 2015 are all about buyers – especially young home buyers – having their best shot in years at finding a home," according to a post on the Zillow site by Emily Heffter. "In fact, Zillow predicts the millennial generation will overtake Generation X as the biggest group of home buyers in 2015."

"In light of these trends, Zillow took a look at income data, home-value growth and the number of entry-level homes for-sale to rank the best markets for first-time home buyers in 2015. They are: Atlanta, GA; Las Vegas, NV; Chicago, IL; Hartford, CT; and Pittsburgh, PA."

Tim Schooley picked up on Zillow's announcement with regard to Pittsburgh's market in coverage for the Pittsburgh Business Times. 

Monday, December 1, 2014 in Zillow

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