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.

The current housing market is anything but predictable. Mortgage rates are dropping in 2025, but new tariffs could still drive up the costs of building and maintaining homes. At the same time, rent ...

Rising real estate costs have led Americans to delay becoming homeowners, according to data from the National Association of Realtors. The average first-time buyer (FTHB) is 40 years old in 2025, an ...