In 2025, first-time buyers had an average age of 40, according to the National Association of Realtors, an all-time high. And the share of first-time homebuyers on the market has decreased to a record ...

Andrea Riquier is a former Staff Writer at Forbes Advisor. She is a New York-based writer covering mortgages and the housing market. She was previously at Dow Jones MarketWatch, on the housing market ...

First-time homebuyers are typically defined as those entering the market who’ve never owned a home. However, anyone who has not owned a home for the last three years also qualifies as a first-timer.

In 2024, the median first-time homebuyer was 38 years old, according to the National Association of Realtors' 2024 Profile of Home Buyers and Sellers report. Factors including low inventory, wealthy ...

A “first-time car buyer” refers to someone who may have owned a car but has yet to borrow money to purchase a vehicle. They often also lack enough credit history and time on the job to meet ...