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Generally, most people want to own a house sometime in their lifetime. The change in population and the demand for houses have caused changes in the housing market. Many factors influence change in the housing market, but what is important are the changes. The changes in the housing market can be seen through the prices of houses and the location in which the houses are bought.
Age of Buyers
When we think of homeowners, we may picture middle aged people with shades of gray hair and long-time successful job. When was the last time you daydreamed of moving out of the house to live in your own home you’ve personally financed yourself because you were sick and tired of living under your parents’ rule? I always pictured myself out of the house as soon as I’d graduate from college, but never fathomed it would be possible since there are so many barriers one may experience...
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