People Who Buy Houses Access
For younger buyers, debt remains a major hurdle; 39% of Younger Millennials report student loans with a median balance of $30,000 .
A widening divide exists between those entering the market and those leveraging existing home equity. First-Time Buyers Repeat Buyers 21% (Historic Low) Median Age Median Down Payment Financing Type Mostly financed (90%+) ~30% All-Cash 3. Purchasing Behavior & Preferences people who buy houses
Baby Boomers (ages 60–78) remain the largest group, making up 42% of all buyers. For younger buyers, debt remains a major hurdle;
The "typical" home buyer is no longer a young family starting out. Significant demographic shifts include: For younger buyers
Married couples account for 61% of buyers, followed by single females ( 21% ) and single males ( 9% ).