Fewer home buyers are first-timers

The vast majority of home buyers already own a home. Despite low interest rates, low prices and slowly rising sales, first-time homeowners accounted for just 34% of all buyers in July, according to data released Wednesday by the National Association of Realtors. While that figure has inched up slightly from the month and year prior, [...]

Source: http://stlhba.hbablog.com/2012/08/27/fewer-home-buyers-are-first-timers/

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