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The age of first-time homebuyers climbed last year while their share of the market fell to an all-time low, according to data released Thursday by the National Association of Realtors (NAR). NAR ...
First-time home buyers made up the smallest share of U.S. buyers in nearly three decades, a traditionally solid slice of the housing market whose absence is raising questions about the impact of ...
The housing market is a bellwether for the broader economy, and a key group of buyers has been slowly dwindling since 2010.
First-time homebuyers battling rapid decline in affordability: Numbers 'just not working' Atlanta Federal Reserve reports US households have to spend nearly 43% of their monthly income to afford ...
Today’s first-time homebuyer looks different than in years past. Faced with high home prices and elevated mortgage rates, ...
First-time home buyers are facing hard times as s urging mortgage interest rates, record-high home prices, ... decline for a lot of these folks to get into their first home." ...
In comparison, overall, first-time buyers made up just 44% of the market, down from 50% in 2023.. A recent Zillow ® survey found that 62% of Black home buyers purchased their first home in 2024 ...
First-time home buyers now represent 45% of all buyers, up from 37% of buyers surveyed last year and rebounding to pre-pandemic levels, according to Zillow’s 2022 Consumer Housing Trends Report.
More first-time buyers rely on mortgage rate buydowns to afford homes The share of buyers who are first-timers has declined from 40% to 24% since 2008 February 1, 2025, 9:00am by Kennedy Edgerton ...
WalletHub and SmartAsset released their rankings of the best U.S. cities for first-time home buyers. Cities in Florida, Texas ...
First-time home buyers’ share of home sales hits 43-year low, real-estate group says ‘The housing market appears bifurcated between repeat home buyers and first-time home buyers,’ NAR says.
OKLAHOMA CITY — First-time buyers facing high home prices, high mortgage interest rates and limited inventory are struggling to make their dream of home ownership come true.