Homebuyers today are wealthier and older, leading to a "renter generation" as younger people delay homeownership. The median age for first-time buyers has jumped from 35 to 38 in just one year, with a median income of $97,000, showing they’re further along in their careers. This delay in homeownership could result in less wealth accumulation compared to previous generations. Meanwhile, the median age of all homebuyers has risen sharply from 49 to 56.
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