Young people are being shunned from housing market. But 2016 and 2017 data suggests that more first-time homebuyers are emerging

Thursday Jun 8th, 2017

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  An estimated 3 million new homebuyers over the past decade have been shunned from the market and it could be hindering a housing market recovery, according to a new study by Genworth Mortgage Insurance that will be released Thursday. Factors deterring young people from venturing into buying their first home include shortages in affordable housing, tighter lending standards, looming student loans, and higher rent prices, according to a report in the Wall Street Journal. Genworth... [read more]

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