House hunting? More like house hustling. 🏃♂️💨 New data reveals first-time homebuyers in the U.S. now hit a median age of 40 – the oldest ever recorded – as soaring prices and 7%+ mortgage rates turn the American Dream into a financial obstacle course.
🏠 Why it’s harder than ever: – Home prices up 45% since 2020 – Average down payment now $62,000+ – 68% of millennials say they’ll need 5+ years to save
‘It’s like running a marathon in quicksand,’ says Seattle realtor Roza Kazan. Many buyers now team up with partners, parents, or even TikTok side hustles 💸 to afford homes. Meanwhile, Gen Z’s entering the market with ‘#HouseHacking’ strategies – renting spare rooms to offset costs.
🌆 Regional spotlight: Coastal cities like Seattle and Miami see the worst crunch, while Midwest markets remain (slightly) more accessible. Could 2026 bring relief? Experts say new government down payment programs might help – but inventory shortages could linger.
