Homeownership is more expensive than ever: In nearly half the country, the median household income isn't enough for a three-bedroom house. For low-income households, defined as those earning less than ...
As housing remains scarce, pricey, and out of reach, the share of first-time home buyers has hit an all-time low. Just 21% of buyers were first-timers in the 12 months ending June 2025, the National ...
Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Betsy began her ...
The share of Americans buying their first home has fallen to a modern low as scarce supply and high costs continue to shut newcomers out of the market. Just 21% of buyers were first-timers in the 12 ...
Home prices have surged over the past two decades, and by most measures, affordability has worsened. Yet data from the New York Fed show that the median age of first-time buyers obtaining a mortgage ...
According to the latest National Association of Realtors (NAR) 2025 Profile of Home Buyers and Sellers, the share of first-time homebuyers has dropped to a record low of 21%, while the typical age of ...
For many, the American dream is losing steam. As baby boomers remained the largest generational group of home buyers over the last year, the share of first-time buyers plunged to its lowest level on ...
For decades, owning a home has been a symbol of financial stability for middle-class Americans. But that dream is becoming increasingly elusive as home prices remain elevated, mortgage rates stay high ...