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In 2006, there were 7.54 million total homes sold (including primary, secondary and vacation properties). Of these homes, about 36 percent (or 2.71 million) were sold to first-time home buyers. This total was down from the 3 million first-time buyers in 2005. Google Books: Plunkett's Airliine, Hotel & Travel Almanac 2008 by Jack W. Plunkett RIS Media: Housing and Economy Headed for Sustainable Recovery; First-Time Homebuyers Lead the Way Bloomberg: Subprime Crash Squeezes Out First-Time Home BuyersReferences:
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