Nov 7, 2024
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.
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