First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40
The National Association of REALTORS® (NAR) has released its 2025 Profile of Home Buyers and Sellers, revealing a historic shift in who is entering the housing market. First-time buyers accounted for only 21% of all U.S. home purchases between July 2024 and June 2025—the lowest share ever recorded. The median age of a first-time buyer […]
Almost 90% of Metro Areas Posted Home Price Increases in Third Quarter of 2024 – November 7, 2024
“ The National Association of REALTORS® (NAR) reported that approximately 87% of U.S. metro markets registered home price gains in the third quarter of 2024, despite 30-year fixed mortgage rates ranging from 6.08% to 6.95%. Of the 226 metro areas tracked, seven percent recorded double-digit price increases, down from 13% in the previous quarter, according […]
First-Time Home Buyers Shrink to Historic Low of 24% as Buyer Age Hits Record High – November 4, 2024
The National Association of REALTORS® (NAR) reported that the first-time homebuyer market share declined to a historic low of 24% in 2024, down from 32% the previous year, while the median age of buyers reached record highs, according to NAR’s 2024 Profile of Home Buyers and Sellers. The survey, covering transactions between July 2023 and […]
10,000 Realtors® Set to “Bring on Business” at NAR NXT in Boston – October 31, 2024
The National Association of REALTORS® (NAR) announced that more than 10,000 REALTORS® from across the United States and several international markets are expected to attend the 2024 NAR NXT, The REALTOR® Experience, taking place in Boston, Massachusetts, from November 8 to 10, 2024. The event, themed “Bring on Business,” will be held at the Boston […]
National Association of Realtors® Partners with Affiniti to Introduce NAR World Elite Business Mastercard® – October 29, 2024
The National Association of REALTORS® (NAR) announced a new partnership with Affiniti through the NAR REALTOR Benefits® program, introducing the NAR World Elite Business Mastercard, a financial product designed specifically for real estate professionals. The announcement was made from Washington, D.C., on October 29, 2024, and highlights NAR’s efforts to expand financial tools and resources […]
