Homebuyer average age rises to 56 amid rising homeownership …
Nov 4, 2024 · The average age of homebuyers is now 56, up from 49 in 2023, according to the National Association of Realtors’ annual state-of-the-market report released Monday. That’s a historic high, up ...
The worst may be over for homebuyers | CNN Business
Jul 23, 2024 · CNN — After the last few years of skyrocketing home prices and elevated mortgage rates, Americans have been feeling overwhelmingly dejected about their prospects of buying a home. But there are now...
First-time homebuyers got squeezed last month as prices hit ... - CNN
May 22, 2024 · Washington CNN — Rising US home prices are heightening the housing affordability crisis for Americans, especially first-time buyers. The median price of a previously owned home in the US grew 5.7%...
Homebuyers feel locked out as prices soar and mortgage ... - NBC News
Oct 7, 2023 · Potential homebuyers who may have breathed a sigh of relief a few months ago are now staring at an improbable double whammy: Prices are at all-time highs even with mortgage rates at 23-year highs.
What these homebuyers and owners told us an interest rate cut
Oct 7, 2024 · CNN — Elevated mortgage rates and higher home prices have made owning a home feel increasingly out of reach for many Americans. Last month, the Federal Reserve cut its benchmark interest rate by...
Homebuyers confront mortgages and prices near record highs : NPR
Jul 20, 2023 · Home buyers face two major challenges: not enough homes for sale, and high interest rates. Zillow estimates that the country is short about 4 million houses, partially because fewer homes...
Mortgage Rates Fell, Then Rose. What Comes Next?
3 days ago · The rate on a 30-year mortgage has risen to 6.79 percent nationally, from about 6.1 percent a month ago. Martina Tuaty for The New York Times. Rafael Corrales, a real estate agent in Miami ...
Welcome to the housing market’s new normal - NBC News
Existing home sales increased 3.1% from December to January, according to the National Association of Realtors. Meanwhile, the inventory of unsold existing homes rose 2% from December to January,...
Home buying in the U.S. by county: Cost, availability ... - NBC News
May 23, 2024 · The new NBC News Home Buyer Index measures the market. Home prices, interest rates, availability and more factor into our new metric, updated monthly, that gauges how difficult it is to buy...
Housing crisis crowds out young buyers | The Week
Nov 7, 2024 · First-time buyers make up just 24% of the market now, a "record low," said Axios. "Becoming a homeowner has never felt harder." The average age of all homebuyers — first-timers and repeaters ...
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