Young Home Buyers Return in U.S. as Economy Accelerates

buy homeIt is hoped that an increase in first-time buyers, whose market share dropped to a record low last year, will provide a boost to the sluggish mortgage industry.

As the economy improves, economists expect weak demand to turn around as more renters are put in a better position to buy. It is believed that increasing confidence in the job market is the strongest indicator home sales will improve.

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