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First-time buyers face hurdles to homeownership this spring

2015-05-12 13:32:00| Real Estate - Topix.net

Rising prices are putting more homes out of reach, and pickings are slim because few properties have come onto the market this spring, when sales are supposed to take off. Millennials are also burdened by heavy school debt and depleted savings that hurt their ability to qualify for a mortgage.

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Homeownership unlikely for many who lost houses

2015-04-22 10:24:47| Real Estate - Topix.net

Of the 1.4 million Florida homeowners who lost their houses as the real estate market collapsed, about only about a third are likely to re-enter the market with a set of house keys they could call their own. Only about 13 percent of Floridians who went through distress sales since 2006 have purchased another house, according to a report released Monday by the National Association of Realtors.

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