First Time Buyers Are Skipping The Starter Home
From Marketwatch.com: Forget the starter home. Today’s first-time buyers want a place they’ll live in for a long time — possibly even into retirement. And this ideal home is most likely in the suburbs. That’s according to a new Bank of America poll of more than 1,000 adults 18 and older who would like to buy a home in the future. “Folks are waiting to buy their first home until later in life,” said Kathy Cummings, consumer education and consulting executive for Bank of America. Read more.