Year of the First Time Home Buyers - 2015

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Andrew Duncan, Tampa Bay's #1 Realtor and Expert, talks to Scott Eckley with DR Horton, Aaron Davis with Hillsborough Title and the Florida Agency Network, and The Diaz Duo, David and Arnie Diaz of Waterstone Mortgage about how first time home buyers are bucking trends and not buying just starter homes anymore on The Duncan Duo Real Estate Show.

Andrew has mentioned in his previous shows that 2015 is going to be the year of the first time home buyers. There's a lot of first time home buyer activity across all price ranges. What he finds surprising is that there are first time home buyers who are skipping the entire process of looking into average to low priced homes ($200-300k) and instead are buying $500k+ homes that are considered as move-up buyer homes. 

These are first time home buyers who held off from buying a few years before but only now are starting to make their move. They now have awesome jobs, so income is not a concern. Some of them are now starting a family. A lot of these buyers are high income earners who skip the starter home and go straight to the higher priced homes because they can now afford it.

To get more Tampa Bay Real Estate news and advice from Tampa Bay's #1 Realtor, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sundays at 10 am.