Record Share of First-Time Homebuyers Pay All Cash Amid Scarcity

Record Share of First-Time Homebuyers Pay All Cash Amid Scarcity

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A recent report highlights that first-time homebuyers remain scarce, with a record share paying all cash for their homes. The findings also reveal that generational wealth is increasing the divide between those able to buy homes and those priced out, while the median age of first-time buyers stays at a record high.

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Originally published by npr