Homebuyers have been beset with a slew of affordability problems that have kept housing sales at decades-low levels.
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 ...
Stop us if you’ve heard this story before: The housing market remains stuck. Mortgage rates remain stubbornly high. It’s the same case with home prices. Oh, and it’s a terrible time to be a first-time ...
A new report indicates that only a limited set of cities, primarily located in the Midwest and Northeast, may offer affordable conditions for first-time homebuyers in 2026.
“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 ...
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.
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 ...
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