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US homebuyers are the oldest they’ve been in recorded history

US homebuyers are the oldest they’ve been in recorded history

New data from the National Association of Realtors found that the median age of first-time homebuyers in the US is now 38 — up from last year’s 35 and marking the highest recorded age from data going back to 1981. 

Rocketing house prices, still-high mortgage rates, and limited inventory all make owning a home an increasingly expensive part of the American dream.

See the full article here.