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Published: July 26, 2008
Busy Generation Y looking for efficient, open homes
Generation Y is growing up fast.
The average age of a first-time home buyer is 26, three years younger than for Gen X or baby-boomer buyers. So what's up with that?
Sure, favorable rates and terms make buying a house easier for young people these days, but the trend may be most affected by the characteristics of this generation:
They are tech-savvy. Generation Y can't remember life without a computer.
T...
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