A first-time home buyer in California is an individual or family purchasing a residential property for the first time in the state of California.
First-time home buyers in California represent a significant segment of the real estate market. They play a crucial role in supporting the state’s housing industry and contributing to the local economy. Historically, California has implemented various programs and initiatives to assist first-time home buyers, recognizing their need for financial support and guidance in navigating the competitive housing market.