First Time Homebuyers Hit All Time Low

What’s Going On

Only 21% of buyers this past year were first-timers, down from a historic average of 38%, per the National Association of Realtors.

The average first-time buyer is now 40 years old.

And 26% of all homes sold were all-cash, the highest on record.

Read the article here:
👉 Read the USA Today article here

What You Need to Know

Here are some key takeaways from the article:

• The rich get richer: Buyers with equity and cash keep moving up.

• New buyers get locked out: Scarce listings, high rates, and rising prices are pushing homeownership further out of reach.

• Wealth gap grows: Homeowners have 40x the net worth of renters.

• A median priced home now requires $126K+ in income to comfortably afford.

Bottom Line:

This isn’t just national news, we feel it here, too. Local entry level inventory is thin, and move in ready homes under $500K are becoming unicorns. The longer buyers are priced out, the harder it gets to build wealth through ownership.

If you're a first timer trying to get in the game, it’s time to talk strategy, not wait for the perfect market.

Let’s cut through the noise. I’ll show you what’s actually possible right now, from creative financing to overlooked listings that aren’t on your radar yet.

DM me “first time” and I’ll send you a real world plan. No fluff. Just facts.

Want the full story?
👉 Read the full USA Today article here