First-Time Homebuyers Drop to Lowest on Record

Investopedia·Apr 16

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

The share of first-time homebuyers has dropped to a record low, with some reports indicating that baby boomers now make up the largest share of home buyers. The median age of first-time homebuyers may be rising, with one report suggesting it has increased to 40. The exact share of first-time buyers is reported to be as low as 21 percent, amid challenges in the housing market.

Full coverage

Baby Boomers Remain Largest Share of Home Buyers as First-Time Buying Falls to Record Low

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WXII·Jun 27

Baby Boomers dominate housing, first-time buyers hit record low

HousingWire·Apr 15

Share of first-time buyers sinks to record low

RealEstateNews.com·Apr 15

First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40

National Association of REALTORS®·Nov 4

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