The median age for first-time homebuyers in the US has reached a record high of 38, three years older than the previous year, reflecting economic challenges and higher home prices, according to the ...
First-time homebuyers are typically defined as those entering the market who’ve never owned a home. However, anyone who has not owned a home for the last three years also qualifies as a first-timer.
The youngest U.S. homebuyers aren’t so young anymore, as a forbidding market turns first-time house hunting into an activity for people nearing 40. “No one in their young 20s are buying homes,” said ...
The average age of first-time homebuyers in the U.S. has now reached the all-time high of 40. This is according to a new report by the National Association of Realtors (NAR), confirming that ...