Who are first time home buyers in a market that has suffered the most severe downturn in American history? Educated single or coupled Americans looking for a great investment opportunity for the long-term that is who. Many Americans with the expense of college and living on their own have chosen to break American tradition of moving out of their parent’s home as soon as they can and have chosen to remain under their parent’s financial security into their 30’s in some cases. This trend of remaining at home with parents has created a generation of Americans who can afford to be first time home owners at a very opportune time in American economic history.

With the destruction of the housing market over the past few years the investment opportunity of real estate cannot be overlooked by Americans between 25 and 35 years of age. When seeking investment opportunities long-term investments is the mantra of financial analyst. Real estate in the current market is a long-term investment. With the real estate market not projected to make a comeback for 7 to 10 years now is the time for young Americans to invest in a home of their own.

With the burden of student loans and a job market that is gaining ground slowly it may seem scary to young Americans living with their parents to take the step and move out into the financial world on their own. But you won’t be alone if you are willing to take the risk of home ownership like your parents did at your age. Risk is a part of life and there are many first time home owner opportunities to borrow with a lower down payment and interest rate simply because the real estate market imploded and the market is now a buyer’s market.

Buying a home is an investment in your community and in your future. First time home buyers are people looking for certain things within their community such as:

• Homes of a lower value
• Neighborhoods that are investing in itself
• Tax benefits in poorer neighborhoods
• To increase the property value in poorer neighborhoods.

In order to invest in a community your credit doesn’t have to be perfect, but you have to have it. Decent credit is enough for Americans between the ages of 25 and 35 to get a mortgage with a small down payment.

When you're ready to consider buying that first house, start with educaitonal resources. Download "The Essential Guide to Buying Your First Home." The free guide is available for free at the button below. The answer to the quesiton "Who are first time home owners?" could be: YOU.