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First-Time Home Buyers are Vanishing from the Market

The share of first-time home buyers has fallen to its lowest level on record over the last year as young adults face a longer path to homeownership, NAR data shows. As the housing market surged last year, a typically large segment of home buyers went missing. Amid higher home prices, bidding wars and fierce competition for limited inventory, first-time home buyers dropped to their lowest numbers on...

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