The average age of the typical American first-time homebuyer has reached the all-time high of 38 this year, according to a new report by the National Association of Realtors (NAR), up from 35 in 2023.
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 current housing market is anything but predictable. Mortgage rates are dropping in 2025, but new tariffs could still drive up the costs of building and maintaining homes. At the same time, rent ...
With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...
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 ...
Builders and lenders are increasing incentives like grants, price reductions, and mortgage rate buy-downs for first-time buyers in 2026. NAR sees these trends as key to improved affordability. AI ...
For the first time on record, the median age of a first-time homebuyer in America is 40 years old, up from 38 last year. That milestone isn’t just a housing statistic. It’s a warning sign for the ...
Homes remained out of reach for many people of first-time home buyer age in the first quarter of the year. This page includes information about these cards, currently unavailable on NerdWallet. The ...
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