Growing Sales to First-Time Homebuyers this Spring

By VP Danny Gardner Millennials and other new households should be camping out at open houses, if history is any guide. Mortgage rates are low, averaging four percent. Twice as many housing markets are growing or stable compared to this time last year. And, the nation's 86 million millennials, plus America's rapidly growing immigrant communities, are expected to produce about 1.2 million new households a year for the next ten years, according to statistics from the Harvard Joint Center for Housing Studies and the Collingwood Group. Read More...(read more)

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