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dc CB  19:26:11 GMT - 03/20/2014  
NAR President Steve Brown, co-owner of Irongate, Inc., Realtors in Dayton, Ohio, said student debt appears to be a factor in the weak level of first-time buyers. "The biggest problems for first-time buyers are tight credit and limited inventory in the lower price ranges," he said. "However, 20 percent of buyers under the age of 33, the prime group of first-time buyers, delayed their purchase because of outstanding debt. In our recent consumer survey, 56 percent of younger buyers who took longer to save for a downpayment identified student debt as the biggest obstacle."

Brown notes the survey results are for recent homebuyers. "Itís clear there are other people who would like to buy a home that are not in the market because of debt issues, so we can expect a lingering impact of delayed home buying," Brown added.

Stick A Fork In The "Housing Recovery" (Spoiler Alert: Blame Record Student Debt)



dc CB  18:50:17 GMT - 03/20/2014  
FWIW
in anticipation of warmer Spring weather, in my area Maryland NW of Balt and DC, the only thing that's sprouting, unlike the yet to be seen crocusses, are For Sale signs. Many of them on homes that were bought in the mid 2000s....at the peak of Prices.

IMHO, the "recovery" to many is viewed as "finally a chance to get out from under".


HK [email protected]  14:31:27 GMT - 03/20/2014  


Mr. Kwun...Follow the TECH...C&H baby.(Valid until this time).


GVI Forex Jay Meisler  14:24:02 GMT - 03/20/2014  
Just making sure - you are always welcome to post on this side


Central Kwun  14:22:13 GMT - 03/20/2014  
not posting order, just ask question


GVI Forex Jay Meisler  14:14:45 GMT - 03/20/2014  
Kwun, why are you still posting gold here?


Central Kwun  14:12:22 GMT - 03/20/2014  

Sell Gold
Entry: Target: Stop:
hi john, data is good, but why gold rises too? USD not benefit on it?


GVI Forex john   14:10:52 GMT - 03/20/2014  
 
Existing Homes Sales is by far the most significant housing statistic. Still a gloomy picture in line with Pending Homes Sales.




GVI Forex john   14:01:30 GMT - 03/20/2014  



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