first-time buyers are fewer...
A survey by the NATIONAL ASSOCIATION OF REALTORS® found that only 31 percent of their sales were to first-time buyers. Normally, first-time buyers represent closer to 40 percent of the market.
More details about this (sad) trend on this article of the New York Times.
Thanks for reading!
Francis
Francis
Silicon Valley real estate
Smart graphs...
Smart graphs...
Current Mortgage rates
Non-profit organization worth noting: Partners for New Generations.