Housing Market Continues to See First-Time Buyer Exodus

By: Carrie Bay First-time homebuyers continued to desert the housing market in July, according to a new industry study released Monday. Data compiled by Campbell Surveys and Inside Mortgage Finance, shows that first-time homebuyers accounted for only 39.1 percent of the home purchase market last month. That’s down from a peak of 48.2 percent as … Continue reading Housing Market Continues to See First-Time Buyer Exodus