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A key homebuying demographic aren't participating in this activity.

Young Homebuyers Aren't

 
...buying, that is.

This according to a recent "Demo Memo" report cited on Builderonline.com.

The key age group for home buying -- 30-to-34 year olds -- has experienced a bigger decline in homeownership than any other age, with a rate falling from 56.8 to 51.6 percent between 2005 and 2010.

Whether this is a decision not to buy or a result of dried up credit, this isn't a great sign for a market saturated with inventory. Whispers of an end to 30-year mortgages probably aren't helping, either.

Check out the full report.



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