Real estate blog entries tagged with housing market by Raine Carraway Carraway

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Home : Blogs : Raine Carraway Carraway : NC Foothills Real Estate Blog : Tag "housing market"

housing market: Why Generation Y Will Not Be Buying Us Out of the Housing Crisis - 04/21/11 01:17 AM

The Housing Downturn: the Result of a Generation Gap?
A recent report by the NAR has been used to blame part of the housing crisis on age demographics. According to this theory the housing market slowed down all of a sudden because the drop in the birth rate after 1973 created a sudden shortage of first-time buyers around 2006, when the housing began slowing rapidly in many areas.
According to this theory, the problem is just that there are not enough buyers coming of age to purchase the existing housing inventory. The supposed good news is that, during the downturn, the … (8 comments)

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Raine Carraway Carraway

Lenoir, NC

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