May 28, 2015

First time home buyers being priced out of market again

As I've stated many times before: If you already own a home, the price increases are great. But those looking to buy a home for the first time are again being priced out of the market -- and that's why the homeownership rate continues to fall. To arrive at a more-healthy, self-sustaining housing recovery, aggressive price gains need to slow.

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