People Who Buy Houses Access
A record 26%–30% of buyers paid all cash, bypassing high mortgage rates and gaining a competitive edge.
Only 24% of buyers have children under 18 living at home—an all-time low. 2. First-Time vs. Repeat Buyers people who buy houses
Married couples account for 61% of buyers, followed by single females ( 21% ) and single males ( 9% ). A record 26%–30% of buyers paid all cash,
For younger buyers, debt remains a major hurdle; 39% of Younger Millennials report student loans with a median balance of $30,000 . First-Time vs
Baby Boomers (ages 60–78) remain the largest group, making up 42% of all buyers.
Repeat buyers are using a median of $140,900 in gained equity from previous sales to fund their next purchase. FSBO success rates?
The median age for all buyers has reached 59 years . First-time buyers now have a median age of 40 , up from the late 20s in the 1980s.