In the past few months, first-time home buyers have represented about one-third of the market. Contrary to concerns about our nation’s general economy, those buyers still value owning their own home.

According to the 2010 National Association of REALTORS Profile of Home Buyers and Sellers, 53% of first-time buyers were motivated by the desire to own a home of their own. Low mortgage rates, rising incomes and stable prices helped them achieve those goals. 33% of first-time home buyers bought a home when they did primarily because they thought it was the best time for affordability.

For more information, check out the National Assocation of REALTORS website.