The median age of American homeowners has surged to 57.5 years in 2024 from 54 years in 2010, while younger buyers are being sidelined due to high home prices and rents, making it harder for them to afford homes. This trend highlights a significant shift in the demographic composition of homeownership, with older households dominating the market despite stable overall ownership rates.
Read the full article at Realtor.com Blog
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