Profile of today's homebuyer

 This can't be the sign of a healthy market.

What stood out to me was that home buyers are:

• Older
• Have higher incomes
• Are more likely to be married

Naturally, those who can afford to spend more are generally older and have higher incomes.  In fact, the median age for overall home buyers rose from 39 to 43.  The number of married couples buying homes rose 6 percent, while purchases by singles and unmarried couples were slightly down.

And what about new stricter mortgage standards called a Qualified Residential Mortgage (QRM)

The effect of QRM regulation would be to raise down payments to 20 percent to meet the requirements of a qualified residential mortgage.  This would disproportionately affect first-time and minority borrowers.

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