Are First-Time Buyers Stuck? For-sale inventories may be at nearly a two-year high, but first-time home buyers are still 
finding themselves shut out of the housing market, being outbid and still not finding enough choices in their price range, Reuters reports. A decline among inventories for entry-level homes has worsened during the past year as discount foreclosures have faded and investors have continued to buy up low-priced homes and turn them into rentals through all-cash deals. On the other hand, inventories rose 3 percent in the middle of the market and soared 15 percent at the top, according to the analysis, read more.
finding themselves shut out of the housing market, being outbid and still not finding enough choices in their price range, Reuters reports. A decline among inventories for entry-level homes has worsened during the past year as discount foreclosures have faded and investors have continued to buy up low-priced homes and turn them into rentals through all-cash deals. On the other hand, inventories rose 3 percent in the middle of the market and soared 15 percent at the top, according to the analysis, read more.
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