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 ...
They aren’t just older — first-time buyers also make up a smaller share of the market than ever, just 21%, the trade group ...
As housing remains scarce, pricey, and out of reach, the share of first-time home buyers has hit an all-time low.
High home prices and interest rates didn't deter these three sets of first-time home buyers The share of first-time home buyers who bought a home in 2024 fell to a historic low, according to the ...
Some first-time home buyers, facing high interest rates, are trading their metropolitan lifestyles for lower-cost living. Mason Snow and his wife left California’s second most populated city for a ...
Close to one-third of first-time home buyers (32%) were between 25 and 34 years old, while one-fourth (25%) were between 35 ...