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News@lemmy.world · 2 days ago

The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says

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The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says

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News@lemmy.world · 2 days ago

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.

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Vertelleus@sh.itjust.works
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1 day ago
I’m in the same boat. I’m not living in my parent’s backyard, but I still have cheap rent. All I can do is sit and wait and hope something changes.

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