Young home shoppers still priced out without help, according to survey
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By Tim Henderson, Stateline.org
40 remains the typical age, partly because of cash purchases by older buyers.
The age of the typical first-time homebuyer last year remained stuck at a historic high of 40 years old as younger people continue to get the worst of brutally high prices and interest rates in much of the country.
That’s according to new data from the National Association of Realtors, and it’s the second year in a row that the median price of first-time buyers was 40, after being as low
40 remains the typical age, partly because of cash purchases by older buyers.
The age of the typical first-time homebuyer last year remained stuck at a historic high of 40 years old as younger people continue to get the worst of brutally high prices and interest rates in much of the country.
That’s according to new data from the National Association of Realtors, and it’s the second year in a row that the median price of first-time buyers was 40, after being as low
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