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News@lemmy.world • 1 month 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 • 1 month 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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If you ever want to own a house like your parents, it’s time to start thinking up ways to bump off your siblings.

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