The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says - eviltoast
With home prices up nearly 40% since 2020, buyers are now wealthier and older, making them more likely to outbid younger buyers with all-cash offers.
  • Nuke_the_whales@lemmy.world
    49·
    10 days ago

    The downpayment required on a home in my area, is almost the cost of the entire house was 20 years ago. We can’t even save for a downpayment when the finish line is running ahead of you at full speed