Personal Finance
Old vintage blue house address metal plate number 40 forty on the rural gate
Vintage blue house address, number 40, on a rural gate (Getty Images)
older folks’ homes

The median age of a first-time homebuyer in America just hit 40 years old

That’s the oldest point on record and 10 years higher than it was as recently as 2010.

Tom Jones

It’s the “my parents at 29 vs. me at 29” meme in a chart about buying property, basically.

New data from the National Association of Realtors (NAR) provided some particularly bleak reading yesterday for younger people looking to get a foot on a rung of the increasingly elusive property ladder, with the median age of a first-time homebuyer in the US rising to a record high of 40 years old. Meanwhile, the share of homes being bought by first-timers sank to a record low of 21%.

Homes, steep homes

In the NAR release, Jessica Lautz, the association’s deputy chief economist and research VP, said the historic rock-bottom share “underscores the real-world consequences of a housing market starved for affordable inventory.” Another NAR representative noted the stunting economic effects that being locked out of the housing market can have later in life.

But just how far delayed has a key element of the American dream become for younger US citizens looking to escape “generation rent? And just how fast has the shift happened?

Median homebuyer age chart
Sherwood News

In the mid-1980s, the median age of a first-time homebuyer in the US was 29 years old. As recently as 2010, even, the figure sat at 30, as younger Americans capitalized on almost historically low mortgage rates to make their first property purchases.

Elevated interest rates coupled with higher home prices more broadly, as well as toppy down payments for first-time buyers — which now match the highest level on NAR’s records since 1989 — have all seen prospective buyers forced to wait longer than ever to finally get into the market.

Meanwhile, as Lautz told Bloomberg, wealthier (often older) Americans are able to stump up for those higher down payments on second or third properties, or even pay in full, leading to a joint-record 26% share of all-cash buyers.

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Ahead of Mother’s Day, Google searches for “same day flower delivery” have ticked up a little earlier this year

If you’ve already made plans for a Mother’s Day gift in advance of this Sunday, congratulations. But if alarm bells are suddenly ringing, consider this a gentle reminder that, like a sizable share of the US population this time of year often does, you can still scrape together some last-minute flowers for the woman who carried you for nine months.

Data from Google Trends reveals that searches for “same day flower delivery” spike in the US in May every year, when Mother’s Day takes place. As we noted last February, the same query also gains traction around Valentine’s Day.

Flower
Sherwood News

This year, however, it appears that searches for last-minute flowers have remained elevated in the last two months after the usual peak in February — with the search interest this April actually exceeding that seen around Cupid’s Day.

Honestly, we’re not sure why searches are spiking a little early. One explanation might be that Passover and Easter have overlapped at the start of April, and Americans wanted to celebrate with some flowers. Maybe it’s a host of Claude bots that are now running errands for AI-obsessed execs — or perhaps Americans are just impulse-buying some seasonal spring blooms after an unusually warm March, without a particular occasion.

Graduate holding scroll and wearing robe, standing with parents

Which US cities give new grads the best shot in 2026?

The ideal place to start a career might be less about prestige and more about where the paycheck stretches furthest.

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