We’ve all heard the refrain: it’s never been harder to buy your first home. The narrative almost always circles back to two usual suspects – mortgage rates and home prices. While rates and prices are ...
For many first-time buyers, starter homes feel like an endangered species. In hundreds of cities nationwide, so-called starter homes now cost $1 million or more.¹ Even in areas where prices are lower, ...
First-time homebuyers fell to a historic low of 21% of all U.S. home purchasers this year, according to NAR’s 2025 Profile of Home Buyers and Sellers. The share has been cut in half since 2007, as ...
For the first time on record, the median age of a first-time homebuyer in America is 40 years old, up from 38 last year. That milestone isn’t just a housing statistic. It’s a warning sign for the ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. JohnnyGreig / Getty Images To ...