A new report reveals that one particular metric could be the biggest barrier to homeownership. Click through to read more.
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Young People Buying Homes Earlier but for Similar Reasons
According to the second quarter Real Estate Sentiment Index, which polls industry professionals across the country to gain their unique insight about the future of the housing market, young people aged 26-30 are the number one demographic for first time home buyers. Their reasons? Financial investment and starting a family, which echoes past generations' reasons for becoming homeowners. Industry professionals are also confident in rising residential purchases, and in some states, price growth.
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