THE GREAT PROFILE: 2009 EDITION
The new 2009 NAR Profile of Home Buyers and Sellers was just released, and shows that first-time buyers accounted for 47 percent of home purchasers between July of 2008 and June of 2009. Thats the largest share of first-time buyers in more than 18 years. In addition, existing-homes were more popular among buyers than reported in last years profile. Research Economist Jessica Lautz takes a closer look at the numbers in this months Market Intelligence article.
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