USA Today: 43% of first-time home buyers put no money down

xoanon

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Wednesday January 18, 2006 · 1:13 AM PST

2006/01/18 · 01:13

How can there be any doubt that there is a housing bubble when almost one half of first time home buyers are putting no money down five years into the biggest run up of nation housing prices, in real terms, ever seen in the United States.
USA Today

As housing prices soared last year, an eye-popping 43% of first-time home buyers purchased their homes with no-money-down loans, according to a study released Tuesday by the National Association of Realtors.

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