Hi Startingout, “First time buyers” are not the only consideration. You have people on the sidelines and investors. Smart rental income types getting back in the market might be a sign that the floor is near for types of properties that “first time buyers” want, if by first time buyers we mean someone who wants median to low end housing to start out with. Blog PC says you can’t assume “First time Buyers” don’t buy 26 million dollar homes.
“how can the must-sell inventory be sold if there are few buyers who are able to purchase?”
There have never been a shortage of takers at the right price.
