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First-Time Home Buyer Market Share Drops To All-Time Low Amid Persistent Headwinds

By Forbes   |   1 year ago
First-Time Home Buyer Market Share Drops To All-Time Low Amid Persistent Headwinds

A recent NAR report highlights the challenges faced by first-time homebuyers due to rising home prices, high mortgage rates, and limited inventory. The share of first-time buyers has declined to 24%, the lowest since 1981.

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