While first-time homebuyers represented the fastest growing category of home purchasers between January and February, purchases by current homeowners saw the biggest drop fell from 44.3 percent to 42.5 percent. That was the lowest market share for current homeowners recorded by the HousingPulse survey since last June, according to Real Estate Economy Watch.
First-time homebuyers motivated by fear
Most Popular Articles
Latest Articles
California home sales sink in March
State Realtors report a slow start to the spring season, although price growth remains positive.