The latest interesting statistic from the National Association of REALTORS on first time home buyers is that they are now 50% of the market. Also distressed properties, short sales and foreclosures, are  50% of the market. That's first time home buyers and investors in the low end. The good news is that not all first time home buyers buy short sales and foreclosures. A lot buy "normal" properties and that should help the move up market. Just wanted to share this update.

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