home value index

Despite Increased Inventory, First-Time Homebuyers Deterred From Purchasing

After taking a direct hit in 2012 during the economic slump, and then rising gently in 2013, the national inventory of homes for sale has jumped 11.8 percent in May. However, most of the homes were in the top and middle thirds of the market. Homes in the most affordable price bracket, most favored by first time homebuyers, has been falling [...]