Homeowners at 23: How This Couple Overcame Housing Market Challenges
The average age of first-time buyers is now a record-high 38. How to buck the trend.
March 3, 2025 10 MIN
The average age of first-time buyers is now a record-high 38. How to buck the trend.
A new-construction home can save you the hassle of remodeling and could be more cost-effective than an existing home in the long run. But these are far from a fool-proof homebuying strategy.
How are single people buying homes in this market? We take a look.
Wondering how young people are affording homes? Often, it's due to a six-figure gift from mom and dad.
Six figures used to buy you a pretty sweet house: about 140% of the typical home. Now? About 90%. What happened?
A typical first-time buyer house payment eats up 50% of the median income. But these aren't uncharted waters. It just feels terrible because the early 2020s were comparatively so cheap.
Mortgage rates have been on a roller coaster of late. What might 2025 bring for rates?
