Homeownership is slipping for younger Americans, with the average first-time buyer now 38 years old, according to the Guardian. And a Realtor.com analysis of Census data shows homeownership among adults under 35 has dropped to 36.6%, the lowest since before the pandemic.
Opendoor has released the third edition of its First-Time Homebuyer Report, offering real estate agents a detailed glimpse into the realities faced by today’s first-time buyers, including co-buying trends and home tour burnout.
Jordan Nutter, registered loan officer and top mortgage influencer, is on a 12,000 mile tour across the U.S. in a branded RV as the Mobile Mortgage Mom, traveling to help would-be first-time homebuyers understand their options and get closer to homeownership.
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