Today’s first-time homebuyer looks different than in years past. Faced with high home prices and elevated mortgage rates, ...

As market share fell, affordability challenges and persistent inventory constraints drove the average age of first-time home buyers to a record high of 38, up from 35 last year. First-Time Home ...

First-time homebuyer market share: Decreased to a historic low of 24%; ... Despite the current challenges, many people are eager to become first-time homebuyers, and for good reason.

Buying your first home isn’t without challenges. Be ready to: Have lots of liquidity : As a first-time homebuyer, you’re not moving from one property you own to another, so you won’t have ...

Housing market presents unique challenges and opportunities for first-time homebuyers Currently, the average rate for a 30-year fixed-rate mortgage stands at 6.81%, according to a recent report ...

The median age for first-time homebuyers in the US has reached a record high of 38, three years older than the previous year, reflecting economic challenges and higher home prices, according to ...

Many first-time buyers are pushing their affordability to the limit while many are then surprised by costs over and above the ...

The term “first-time buyer” extends beyond its literal meaning in the world of home financing. Many programs consider anyone who hasn’t owned a home in the past three years eligible for ...

Some first-time buyers are rethinking the traditional home ownership ladder (April 16, 2025) 2. Royal LePage: Down payment dilemma: Canadian first-time homebuyers’ fear of falling short is ...

The share of first-time homebuyers this year slipped to 24% between July 2023 and June 2024, down from 32% during the prior year. It was the lowest share of home buyers since the NAR started ...