America’s first-time homebuyer is now 40 — a warning sign for the middle class
The National Association of Realtors is urging policymakers to take action to address the housing affordability crisis and restore access to homeownership for first-time buyers, as the average age of a first-time homebuyer in America has risen to 40 years old and the share of first-time buyers has contracted by 50 percent since 2007.
