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.
Builders and lenders are increasing incentives like grants, price reductions, and mortgage rate buy-downs for first-time buyers in 2026. NAR sees these trends as key to improved affordability. AI ...
The first-time homebuyer market is greying. The National Association of Realtors reported in November that the median first-time buyer in 2025 was 40 years old — up from earlier in the decade to an ...
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