First-time homebuyers are individuals or families purchasing a home for the first time. This group often includes young professionals, newlyweds, or those looking to settle down. They typically seek affordable options and may qualify for special financing programs designed to assist them in the buying process. These buyers often face challenges such as understanding the real estate market, securing a mortgage, and navigating the home buying process. Many first-time homebuyers benefit from working with a real estate agent who can guide them through the necessary steps and help them find a suitable property.