America’s first-time homebuyers are increasingly paying all cash — as median age remains at 40
- A record 10% of first-time buyers paid cash.
- The median first-home buyer age remains 40.
- Inheritance helped 28% of cash-paying first-time buyers.
A record 10% of Americans buying their first home paid entirely in cash over the past year, while the median age of first-time buyers remained at 40, a record high. The figures point to a housing market increasingly shaped by inherited wealth and accumulated assets, as many would-be…