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Employment Growth Hitting Housing Sweet Spot

Friday, January 2, 2015

It has been a long time coming but CoreLogic says the improving employment numbers are strongest among precisely the demographic the housing industry has hoped for, the age group most likely to be first time home buyers.   The country has been waiting for several years for so-called Millennials - those born roughly between the early 1980s and the early 2000s - to begin forming households and buying homes, but impeded to some extent by poor employment prospects and high debt levels they have delayed both of those steps.

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