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October 19, 2016

Zillow: More home buyers are first timers

  • Over the past year, the survey found, nearly half of home sales have gone to first-timers.
  • By JOSH BOAK
    AP Economics Writer

    WASHINGTON — For years, the U.S. housing market looked bleak for young couples hoping to buy their first homes but struggling with high student debt, low pay and meager down-payment savings.

    But a new survey by the real estate firm Zillow suggests that first-time buyers may be entering the market in greater numbers than industry watchers had assumed.


     
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