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The Week Ahead: Analyzing the First-Time Buyer Market

shutterstock_100682872Genworth Mortgage Insurance will be holding a conference call to discuss the results of its Q2’2017 First Time Homebuyer Report.

This report, which was released in June, is unique in that it traces the first-time homebuyer market back to 1994, analyzing a sample size of more than 20 million records of origination data. It’s the first report to track home sales to first-time homebuyers on a monthly basis and report at quarterly intervals, allowing for first-time homebuyer data to be compared against national housing market indicators.

"Over the past three years, first-time homebuyers have accounted for 85 percent of the growth in home sales, and have become an important indicator for understanding market trends," said Tian Liu, Chief Economist for Genworth Mortgage Insurance. "Their impact has already been felt in falling inventory and rising home prices, and we expect them to increasingly drive growth to businesses most exposed to this market segment."

Liu will provide a high-level overview of key takeaways, and then open the floor for a question and answer section.

The conference call will be held on Tuesday, August 29, at 10:30 a.m. ET.

Other Events in the Week Ahead: 

S&P CoreLogic Case-Shiller HPI, Tuesday, 9 a.m. EDT.

Legal League 100 CFPB Developments Webinar, Thursday, 2 p.m. CST.

Freddie Mac Weekly Mortgage Survey, Thursday, 10 a.m. EDT.

Pending Home Sales Index, Thursday, 10 a.m. EDT.

Construction Spending Report, Friday, 10 a.m. EDT.

 

About Author: Nicole Casperson

Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech's College of Media and Communications. To contact Casperson, e-mail: [email protected].
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