First time buyers gaining ground, but number of homes not keeping up

Those buying a home for the first time made up a significant chunk of overall buyers, according to a recent national real estate report. That's according to the National Association of Realtors' latest Confidence Index, which surveys realtors across the country for their outlook on the market. The index remained above 50, meaning that more respondents rated the market as strong rather than weak. A summary of the NAR report shows that the share of first-time homebuyers increased to 32 percent in…

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