Texas and Colorado Triumph as Havens for First-Time Homebuyers

Julie C. Nichols General

National Mortgage Professional – Phil Hall

As the Labor Day weekend marked the unofficial end to summer, the latest mortgage application data reaffirmed a continuing sense of stagnation. But while many mortgage professionals view the fall months as a prime season for new housing activity, one key concern arises on whether first-time homebuyers will be able to participate in the market. In a recent survey, it seemed that Texas and Colorado have taken the lead as the nation’s top states for attracting first-time homebuyers.

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