Rising housing values and lack of inventory challenge First-Time Buyers

Posted by Mahmud Naqvi on Jun 19, 2008 in News | 0 comments

“Homeownership continues to be primary objective” While higher housing values and tight inventory levels have hampered home-buying activity so far this year, longer amortization periods and alternative housing types have offset the impact on most major markets across the country, according to a report released today by RE/MAX. Despite a higher degree of frustration in the marketplace than in...