First-time homebuyers decreased to just 24% of the market share in 2024, down from 32% a year prior and the lowest share since the National Association of Realtors began collecting data in 1981. And it’s generally taking longer for Americans to buy homes: The median first-time buyer age increased to 38 years old from…
First-time homebuyers decreased to just 24% of the market share in 2024, down from 32% a year prior and the lowest share since the National Association of Realtors began collecting data in 1981. And it’s generally taking longer for Americans to buy homes: The median first-time buyer age increased to 38 years old from…Read more…