Not the year for first time homebuyers: Expert

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Not the year for first time homebuyers: Expert

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Not the year for first time homebuyers: Expert

by CNBC Videos 3:10 mins

Jed Kolko, Trulia chief economist, provides a preview of real estate trends, and explains why he expects to see a pause in housing due to rising rates and new mortgage rules. Also, he predicts an increase in renting demand and repeat buyers.

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