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News@lemmy.world · 17 days ago

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

cross-posted to:
aboringdystopia@lemmy.world

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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

return2ozma@lemmy.world to

News@lemmy.world · 17 days ago

cross-posted to:
aboringdystopia@lemmy.world

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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Ms. ArmoredThirteen@lemmy.ml
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Don’t tell me not to follow my life goals. I know what I’m getting into
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  At least you have your experience to fall back on if it doesn’t work out.

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