The National Association of Realtors reports first-time buyers fell to a record low of 21%, with the median age rising to 40 in its 2025 housing survey.
According to the National Association of Realtors®, first-time home buyers have reached a historic low of 24%, while the average buyer age has climbed to a record high of 56 years overall—with 38 years for first-time buyers and 61 for repeat buyers.
In a CNN interview, Kamala Harris and Tim Walz unveiled their housing affordability plan, which includes down payment assistance, a tax credit for first-time homebuyers, and new tax incentives for builders of starter homes and affordable rentals.
Discover Zillow’s top markets for first-time home buyers in 2024. The Midwest leads, with five of the top ten markets located there.
As a member of Gen Z, Kate Kenny knows what the younger generation is looking for when it comes to working with a real estate agent. Learn the dos and don’ts of working with Gen Z.
Zillow Home Loans is now offering a 1% down payment program, meaning eligible buyers could become homeowners a year (or more) sooner than otherwise. Zillow is currently offering the program to Arizona buyers, with plans to expand.
Zillow has released its 2023 Consumer Housing Trends Report showing that 50% of those purchasing homes in 2023 are first-time home buyers. That’s the highest share recorded by Zillow and up from 45% in 2022 and 37% in 2021.
Canada’s government has introduced a tax-free savings account for first-time home buyers (FHSA) to help them save for a down payment. A special report by Royal Bank Financial Planning compares this new savings vehicle with existing options for saving.
Young adults are on the move after living with family members. NAR reported a decline in the share of adults aged 25 to 34 living with family members—from 17.8% in 2020 to 15.6% in 2022.
An increase in mortgage applications, homebuilder sentiment rising for the first time in a year, and the need for more single-family housing completions are today’s topics as Byron Lazine and Tom Toole discuss the latest news on the U.S. housing market.
Realtor.com just shared its forecast for the top 10 markets for first-time home buyers in 2023, highlighting factors that make those markets ideal for less experienced buyers.
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