Here are some highlights (or lowlights, depending on how you look at it):
First-time home buyers hit a historic LOW at just 24% (down from 32% in 2023).
Average age of first-time buyers? 38 years old! The highest on record (guess 38 is the new 28?).
Cash buyers are winning big: A record-breaking 26% of buyers paid cash for their homes.
Multigenerational living is on the rise: 17% of buyers purchased a home for multiple generations.
No kids, no problem: 73% of buyers didn’t have kids under 18 living at home—a record high!
Agents remain vital: 88% of buyers worked with a real estate agent or broker, and nearly 90% were happy they did.
Which stat surprises you the most? Personally, I’m floored by the age jump for first-time buyers. It just goes to show how much the market is shifting!
Whether you’re a first-time buyer, cash buyer, or planning for a multigenerational move, I’ve got the expertise to guide you through it all.
Let’s connect! Call/text me at 720-255-1033 or book a chat here: Book a Chat.
Explore more tips and insights: thetradingagent.com
What’s YOUR take on these numbers? Drop your thoughts below!
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