A tale of two markets is unfolding for homebuyers in the United States: The share of first-timers is at a new low, while the number of buyers paying in cash is sitting at an all-time high.
Between July 2024 and June 2025, the share of first-time homebuyers declined to 21%, according to the National Association of Realtors' 2025 Profile of Home Buyers and Sellers released on Tuesday. That's the lowest share recorded by the survey that started in 1981.
At the same time, the median age for first-time homebuyers rose to 40, another all-time high, and a stark contrast from the 1980s when the typical first-time buyer was in their late 20s. CLICK THE LINK TO READ THE WHOLE ARTICLE https://www.homes.com/news/nar-survey-reveals-housing-market-divide-as-share-of-first-time-buyers-hits-new-low/193482686/
