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Stay informed with the latest developments in the real estate market, where significant trends and updates are shaping the industry’s future.
Starter Homes Are Now 70 Years Old Median prices for new homes under 1,500 sq. ft. hit $320,000 in April 2025, up from $310,000 in 2019—pricing many first-time buyers out of new builds. Many are now turning to older homes under $300K that are smaller but more affordable. Roughly 70%
First-Time Buyers Flock to Older Homes as Starter Homes Age Out
Starter homes used to be newly constructed, larger homes. However, as costs soared, buyers are opting for smaller and older models.
Older Americans now hold 70% of all U.S. household wealth In 2001, people aged 55+ owned 50% of all U.S. household assets—today they own 70%. That’s a 20-point shift in under 25 years, driven by demographics and asset accumulation. The shift may impact housing demand, retirement asset flows, and who
In a 10 year span, between 2026-2036, Boomers are going to sell a staggering 13.1-14.6 million homes which will bring pricing down. The key to these going under contract is buyers need to up their savings accounts as the current rate of 3.2% is historically low. We all need to
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