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If first-time buyers are finding that their hunts for their dream home are more challenging than they anticipated, they may lay much of their frustration at the feet of the Great Recession. That economic downturn put fear in the hearts of many homeowners that compelled them to hold onto their houses longer than they ordinarily would have. In particular, members of Generation X, whose numbers represent those born in 1960s and 1970s, created a housing hogjam. Instead of selling the homes that they purchased in the early 2000s and moving up to larger houses, many chose to stay put. As a result, succeeding generations of first-time buyers have faced a relative scarcity of inventory. A housing shortage doesn’t mean there aren’t still homes out there for sale within your price range. With rising interest rates, homes prices will level out accordingly and the market essentially self-corrects. To learn more about our listing please call us today. We look forward to meeting with you at our office. “OUR SUCCESS HAS BEEN BUILT ONE SATISIFIED CUSTOMER AT A TIME.”[/vc_column_text][/vc_column][/vc_row]