Homebuyers Are Older Than Ever: Trends Shaping Today’s Market
The real estate market in 2024 is rewriting the rules, with the median homebuyer age hitting an all-time high of 56 years, according to the National Association of REALTORS® (NAR). First-time buyers are older than ever, relying on savings and family assistance to enter the market. Meanwhile, repeat buyers are leveraging equity to make significant…