First-time homebuyers in today's market are older and wealthier, but often need help from family and luck in location

First-time homebuyers in today's market are older and wealthier, but often need help from family and luck in location

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First-time buyers knocking on the door of homeownership in 2024 are still shopping in one of the most difficult real estate markets in decades. Home prices aren't far off record highs, with the median sales price at $431,000 in the U.S. Mortgage rates are only a few months removed from 8% for a…

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