Real estate industry observers saw the imressive trend in the homes market in 2015 - the comeback of the first time buyer!... 2016 in building on that strong sentiment!!First time buyers have largely been absent from the housing market for many years now. The improved economy appears to have done little to attract them in significant numbers since before the Great Recession. Until now, however...Rising rental fees, looser lending standards, including the introduction of 3% down payment mortgages for qualified buyers, more choice, better affordability and the continuation, for now, of very low mortgage rates is creating a perfect storm of circumstances that is quickly gathering to make 2016 a major comeback year for the rookie home buyer.This will be an incredibly welcome development, n...
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