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For first-time buyers, the American dream can wait

from By Michael J. Berens

Buying a home has long been regarded one of the hallmarks of entering adulthood, something to achieve sooner rather than later. For many of today's young adults, however, that is no longer the case. Whether by necessity or choice, they are delaying making that first home purchase, and that is changing how they think about how home ownership fits into their life. First-time buyers currently make up about one-third of the market, according to the National Association of Realtors. more

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