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 ...
New data seems to lend support to the idea that the economy is going in opposite directions at the same time, depending on where you sit in it. Wednesday’s K-shape reference is brought to you by the ...
The National Association of Realtors is urging policymakers to take action to address the housing affordability crisis and ...
As housing remains scarce, pricey, and out of reach, the share of first-time home buyers has hit an all-time low.
For many first-time buyers, starter homes feel like an endangered species. In hundreds of cities nationwide, so-called starter homes now cost $1 million or more.¹ Even in areas where prices are lower, ...
Demand from first-time home buyers has hit record lows with mortgage rates stuck near 7%. One corner of the market shows it is worryingly weak even with rates at 5%. Big home builders such as D.R.
“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 ...
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 ...
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 ...
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 ...