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NAR survey finds imaginary barriers holding back prospective homebuyers (access required)

Existing-home sales increased 3.8 percent to a 10-year high in 20161, but affordability pressures, student debt and possible confusion about down payment requirements prevented many aspiring homeowners from reaching the market, according to recent consumer insight from the National Association of Realtors. NAR’s Aspiring Home Buyer Profile analyzed 2016 quarterly survey data from its Housing Opportunities ...

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