Real Estate Information You Should Know #investment #homeownership

First-Time Homebuyers Come Out in Force but Face New Challenges
Source:  Realtor.com

With a short supply of housing that has characterized the real estate market for the past four years, buyers say finding a home that meets their needs is the biggest challenge they face in purchasing a home.  But recently, buyers have said that finding a home was no longer their biggest challenge.  Now their biggest problem is time, with 35 percent of buyers saying they had just started to explore and were not yet ready to buy.

Real Estate Market Information You Should Know:

- Consumers have a fairly optimistic 12 month outlook on housing at the end of the year home-buying season, supported by increased job confidence and more favorable expectations regarding their personal financial situations.

---