Home Goals Podcast
Everyone deserves a place to call home and we're living in a time where reaching the goal of home ownership has never been more difficult. Whether it's tips for saving, home purchase pitfalls, or just general advice in obtaining your slice of the "American Dream", this podcast is dedicated to everyone looking to make their #HomeGoals a reality!
Home Goals Podcast
When First-Time Buyers Are 40: What the Data Says About Today’s Market
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Derrick Thornton, REALTOR®
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Season 1
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Episode 78
The numbers are in, and they tell a powerful story. The median first-time buyer is now 40 years old, just 21% of buyers are entering the market for the first time, and down payments for first-time buyers have climbed to 10%. What’s driving these trends, and what does it mean for the future of homeownership? I’m connecting the dots between record setting stats and the growing talk of 50-year mortgages as buyers stretch to make ownership possible.