Homes remained out of reach for many people of first-time home buyer age in the first quarter of the year. Some or all of the mortgage lenders featured on our site are advertising partners of ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. JohnnyGreig / Getty Images To ...
“It’s kind of a shocking number,” said an economist with the National Association of Realtors. By Julia Carpenter The path to homeownership continues to get longer, with the median age of first-time ...
In 2024, the average age of first-time buyers rose to 36.3 years, from 35.7 years in 2023, but was below 2021 and 2022. In 2020 and 2021, the share of FTB home purchases dropped because homebuying ...
First-time homebuyers fell to a historic low of 21% of all U.S. home purchasers this year, according to NAR’s 2025 Profile of Home Buyers and Sellers. The share has been cut in half since 2007, as ...
America’s residential real estate market has hit a series of unfortunate new records this year, with the age of the median first-time homebuyer skyrocketing. The typical new homeowner is officially 40 ...
Home prices hit an all-time high in June, even as the housing market continued its post-pandemic slump. The median price for an existing home sold last month was $435,300, besting the previous record, ...
Palm Beach County is offering up to $100,000 in down payment/closing cost assistance to eligible first-time homebuyers. The $3 million program is funded through the HOME Investment Partnership Program ...
Is buying a house just for middle-agers? For the first time, the median age for initial home buyers has reached 40, up from 30 in 2010. Home sales have been ailing, hit by high prices and mortgage ...
The signs are plentiful, but the buy-unobtainable, at least for many trying to break into the housing market across Southern California for the very first time. Joshua Thompson is in the market, but ...
The National Association of Realtors (NAR) reports that the typical age people purchase their first home in the U.S. has risen to an all-time high of 40 years old. First-time buyers represented only ...