Declining Trend in First Time Home Buyers? - Take a Look at the Chart
From ZeroHedge.com comes an article regarding the declining trend in first time home buyers. You can access the article HERE.
A chart is included from Bank of America, which documents the decline. The article goes on to identify the large role that investors are playing in the current housing market (although I can tell you that we have noticed a significant decline in investor purchases in Metro Phoenix Arizona).
The author also discusses the role that student debt may be playing, in limiting home purchases.
Declining Trend in First Time Home Buyers? - Take a Look at the Chart
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