People Who Buy Houses File

A widening divide exists between those entering the market and those leveraging existing home equity. First-Time Buyers Repeat Buyers 21% (Historic Low) Median Age Median Down Payment Financing Type Mostly financed (90%+) ~30% All-Cash 3. Purchasing Behavior & Preferences

For younger buyers, debt remains a major hurdle; 39% of Younger Millennials report student loans with a median balance of $30,000 . people who buy houses

The "typical" home buyer is no longer a young family starting out. Significant demographic shifts include: A widening divide exists between those entering the

For those under 59, the primary reason is the desire to own a home . For those 60+, it is being closer to friends and family . debt remains a major hurdle