CNBC Power Lunch November 5, 2015
The shares fell for the Third Straight year to the lowest level in 30 years, this all according to the National Association of real tors annual survey. Just 32 of buyers were firsttimers and historically that share is about 40 . Firsttime buyers surveyed said all forms of debt had delayed their saving for a down payment by a median of three years and for those who had the hardest time saving, more than half said it was Student Loan Debt that was the culprit. Another change in buyers, the realtors found 30 of surveys found the primary reason for buying was the simple desire to own and thats up ...