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.
There’s no such thing as past clients; they’re either clients for life or lost clients. Mosaik shares a five-step system for turning one-and-done clients into repeat buyers and sellers.
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.
Freddie Mac’s latest outlook report spotlight the growing challenges facing first-time homebuyers, from historic lows in available housing to increased competition, with 30 renters for each available home for sale.
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.
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