You are viewing the "Chris Arnold | Anthony Tellez | NPR" Archives

A for sale sign is posted on a home last month in Philadelphia.

First-time homebuyers are getting squeezed out by investors

Posted on:

WASHINGTON, D.C. (NPR) — Record high home prices and low inventory were already making things hard for first-time homebuyers. But new numbers show that investors are driving even more people away from homeownership. “Investors are coming in and pushing out the first-time buyers,” says Lawrence Yun, Chief Economist for the National Association of Realtors. He… Read More