According to the recently released sales numbers 47% of buyers this past year were first time home buyers.  Surpassing the previous high record of first time purchasers set back in 1991

 "These buyers are critical to housing and a general economic recovery ...they absorb inventory, free existing owners to make a trade and stimulate related goods and services " said Paul Bishop, National Association of Realtors Vice President of Research.  He compared this rise to the last recession in 1991, where the same dynamic played out "first time home buyers started the chain reaction that led the nation out of recession" he said.   Bishop credits tax incentives,record high affordability, and pent up buyer demand to this spike in recent sales. 

The Placerville area and most areas of El Dorado County, California reflect this commendable data. Low interest rates and great prices equal fantastic opportunities!