Wednesday, June 29, 2011

Real Estate News

The Deseret News on June 14 featured a story on renting vs. buying. The story cited a survey by the National Association of Home Builders in which 31 percent of respondents said their biggest barrier to owning a home was saving for a down payment.

REALTOR Carolyn Kirkham was quoted in the story as saying this past winter was one of the slowest in her 20-year career, but this past spring has been one of the busiest she can recall.

"Last week she wrote offers in a single day on homes for two young couples who'd been saving and had found their dream homes," the story said. "It's a fact that the very downturn that has so many people upside down in homes...has also put home ownership within reach for many first-time home buyers."

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