A new report finds the median first-time homebuyer in the U.S. is now 40, the oldest on record, as high housing costs and mortgage rates delay purchases for younger households. Fewer first-time buyers are entering the market, and many are relying heavily on personal savings to make down payments. Experts say increasing housing supply will be key to improving affordability.
Source: https://www.realtor.com/news/trends/first-time-homebuyer-median-age-2025/
