The Vanishing First Time Home Buyer

The GoGaddis Real Estate Radio Show with Cleveland (Cleve) Gaddis | Economic Trends & Policy Impact
Presented by Modern Traditional Realty Group https://www.moderntraditionsrealty.com

Are First Time Home Buyers Disappearing? What It Means for the Atlanta Real Estate Market
Traditionally, the first time home buyer made up about 40% of the market; today, that number has plummeted to the low 20% range—one of the lowest levels in modern history. This isn’t just a headline; it’s a trend that affects the entire real estate ecosystem in the Atlanta Metro Area and beyond.
In this 12-minute segment, we dive into why the "starter home" is becoming a rarity and what this shift means for the future of homeownership.
What You Will Learn:
The "Big Three" Pressures: We break down how the combination of higher interest rates, stabilized but elevated home prices, and the rising cost of living is squeezing new buyers out of the market.
The Lock-In Effect: Discover why existing homeowners are staying put, keeping vital inventory off the market and making it harder for the next generation to find a place to start.
A Shift in Lifestyle: Why delayed milestones like marriage and kids—combined with a decreasing stigma around long-term renting—are changing how and when people enter the market.
The Ripple Effect on All Homeowners: Understand why a weakening "bottom" of the market eventually affects home values at every level above it.
Strategies for Success: If you are a first time home buyer sitting on the sidelines, we discuss strategic tools like down-payment assistance and creative financing that can help you get back in the game.
The insights shared on the show reflect the same guidance provided daily by Modern Traditional Realty Group. If you’d like a no-pressure conversation about your home’s value, equity position, or the right timing for your next move, visit ModernTraditionalRealtyGroup.com or to connect with Cleve and submit questions for future segments, visit GoGaddisRadio.com.