Industry News

Pool of first-time home buyers shrinks in California

Buyers are bringing less money to the closing table
Published on Feb 6, 2007

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by CareyBot

The share of first-time home buyers dropped from 30.5 percent in 2005 to 27.1 percent in 2006 in California, according to a real estate market report released today by the California Association of Realtors trade group. “The State of the ...