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news@hexbear.netEnglish · 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@hexbear.netEnglish · 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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SuperZutsuki [they/them]@hexbear.net
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1 month ago
It’s more like the average age is a 37 year old private equity firm founded in the cocaine 80s.

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