Existing-home sales jumped in June — thanks to first-time buyers

There's finally some good news on the first-time homebuyer front: The share of first-time buyers purchasing homes in June 2016 was the highest recorded since July 2012, according to the National Association of Realtors' Existing-Home Sales report. In June, 33 percent of all home buyers were first-time buyers. This is up from 30 percent in May 2016 and 30 percent in June ...