Shaky housing market about to get even shakier

Shaky housing market about to get even shakier

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More first-time homebuyers crucial for recovery

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First-time homebuyers are the vital first rung on the home ownership ladder. They are usually buying from a seller who is "trading up" to a more expensive home or building a new one. When potential new buyers sit on the sidelines, existing homeowners are stuck, unable to move out and up.

Source: US News
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