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In today's real estate market, first time homebuyers are at an all-time low. More and more young adults are opting to rent, or even move back in with their parents, and do not consider homeownership a viable option.
The 2016 homebuying season is in full swing, with homes in May moving as fast as we’ve seen since the housing recovery began – even as asking prices continue to hit new record highs. Based on preliminary May data released by realtor.com, the median age of properties on realtor.com in May was 65 d