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Many would-be buyers are frozen out of the housing market
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Many would-be buyers are frozen out of the housing market

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1 min read
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NPR

Only about one in five homes sold in the last year went to a first-time buyer. And the average person buying their first home was 40 years old — a record high. A new report from the National Association of Realtors shows how challenging it's become for young people to get a foothold in today's costly housing market.

First-time homebuyers are getting older. So much so, the National Association of Realtors had to scrap the photo it was planning to use on the cover of a new report. "The original cover had a very cute, young couple who was expecting, and I said, 'Th... [3341 chars]

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Source: NPR

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