Meanwhile, people who already own homes are accruing huge amounts of equity, thanks to soaring values and low prepandemic mortgage rates. That allows them to make larger down payments and all-cash ...
As housing remains scarce, pricey, and out of reach, the share of first-time home buyers has hit an all-time low.
They aren’t just older — first-time buyers also make up a smaller share of the market than ever, just 21%, the trade group ...
The age at which people purchase their first home has climbed rapidly since 2021, when the median was 33, according to ...
The share of first-time home buyers dropped to a record low of 21%, while the typical age of first-time buyers climbed to an all-time high of 40 years, according to the National Association of ...
The share of first-time home buyers dropped to a record low of 21%, while the typical age of first-time buyers climbed to an ...
Stop us if you’ve heard this story before: The housing market remains stuck. Mortgage rates remain stubbornly high. It’s the same case with home prices. Oh, and it’s a terrible time to be a first-time ...
Close to one-third of first-time home buyers (32%) were between 25 and 34 years old, while one-fourth (25%) were between 35 ...
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