Housing Recoverys Missing Link: First-Time Buyers Economists, - TopicsExpress

Housing Recoverys Missing Link: First-Time Buyers Economists, real-estate agents and many home builders expected first-time and entry-level buyers to begin returning to the market this year, jump-starting the sputtering housing recovery. So far, that hasnt happened. Less buying at the markets lower end by first-time buyers has contributed to limiting sales of existing homes so far this year to a pace of roughly 88% of their 10-year average. Its also a factor in stunting sales of... Read More: ow.ly/xixwU

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