Relevant:
- distressed sales account for nearly half of home purchase activity
- homebuyers say no to distressed properties thanks to foreclosure mess
- Survey Says Foreclosure Mess Prompts Homebuyers to Avoid REOs and Distressed Properties
- rising mortgage rates motivate first time homebuyers
- short sales grab record market share in march
2010-08-23 — housingwire.com
``According to a Monthly Survey of Real Estate Market Conditions by Campbell Surveys and Inside Mortgage Finance, first-time homebuyer activity accounted for 39.1% last month, down from a peak of 48.2% in March to the lowest level seen in the past year.''
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