The information in this infographic comes from the 2014 Investment and Vacation Home Buyers Survey.
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This infographic was created using data from the 2014 Investment and Vacation Home Buyers Survey.
New home sales slid in June. The decline is not a reflection of slower housing demand, but more related to homebuilders putting up fewer homes.
The mortgage market was buffeted by a number of changes in 2013 and 2014. Among them were higher fees at the FHA.
The homeownership rate fell to 64.8 percent in the second quarter. It marks the lowest ownership rate in nearly 20 years.
Lawrence Yun talks about the slight drop in pending home sales, the so-called "lock-in effect," the top three reasons people move, and the capital gains tax.
After three consecutive months of solid gains, pending home sales slowed modestly in June.
First-time homebuyers have been largely absent from the housing market in the current economic recovery, but some metropolitan areas – particularly in the Midwest and West – are well positioned to see increases in home-buying from the Millennial generation in upcoming years.
Infographic: Best Purchase Markets for Millennial Homebuyers