First -time buyers made up half of the home purchases in 2023
Manage episode 377103065 series 3009766
The last few years, first time buyers have had it rough, due to the fact that they had a lot of competition to deal with when buying their first home. Between cash investors and buyers putting a large down payment it was extremely challenging for them. Well, they are now the ones taking advantage of this challenging market. A few years ago the accounting for less than 30% of home purchases, they now account for over 50% of home purchases. They see the opportunity…
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