Most 2009 buyers may be first-timers

Move Inc. survey shows pent-up demand

Nearly 80 percent of Americans don’t expect to buy a home in the next five years, but more than half of those that do plan to buy this year would be first-time homebuyers.

That’s according to a survey commissioned by operator Move Inc., which also found one in five homeowners with mortgages have contacted their lender hoping to restructure their loans. About half said they’d succeeded.