Latest Stats Show Number of First-Time Homebuyers Dwindling

According to new figures published by the National Association of Realtors, first-time homebuyers accounted for 26 percent of purchases in January, down from 30 percent a year earlier. It’s the lowest market share for first-time buyers that NAR has recorded since it began measuring it in 2008. Ironically, this national trend is the complete opposite of my own experience -- six of my last seven buyer-clients were first-time homebuyers.

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