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First-time buyers decreased to 24% of the market share this year from 32% last year, per the National Association of Realtors (NAR). This is the lowest share since NAR began collecting the data in ...
For young Americans, the dream of buying a first home is often a dream deferred: A new report shows the average first-time buyer is now 38 years old — well past the age many once expected to own ...
ConsumerAffairs looks at how the current housing market is affecting first-time homebuyers. First-time homebuyers in today's market are older and wealthier, but often need help from family and ...
Americans are waiting longer to buy their first homes. According to a report from the National Association of Realtors (NAR), the typical first-time homebuyer in 2022 was 36 years old, up from 33 ...
First-time homebuyer share of market in 2023: 32 percent Not only did 2023 see a low percentage of first-time buyers, but the ones it did see were older, with a typical age of 35.
The U.S. housing market is as challenging as ever for homebuyers, with mortgage rates close to a 23-year high, housing prices near an all-time record and inventory tight across the nation. Still ...
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