Posted by: RAPV | November 24, 2014

First-Time Buyers’ Market Share Still Down Nationwide

Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its full potential, NAR’s annual Profile of Home Buyers and Sellers finds. The survey additionally found that an overwhelming majority of buyers search for homes online and then make their purchase through a real estate agent.

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