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Mphasis Digital Risk Founder Notes First-Time Homebuyers Hold 21% Market Share

Jeff Taylor states that first-time homebuyers remain in a relatively strong position, making up just over one-fifth of the overall housing market.

Summary

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Terms & Concepts
  • First-time homebuyer: An individual purchasing a home for the first time, often eligible for special financing or incentives.
  • Market share: The portion of total sales or transactions held by a particular group or entity within a market.