The median age of a first-time buyer has reached 38, the highest ever, reflecting longer saving periods due to high prices and low inventory.
Realtor.com predicts declining mortgage rates and increased housing inventory in 2025, which may improve home-buying accessibility for young families.
Colorado Springs, Colorado, emerged as the top housing market for 2025, showing the highest percentage of existing home sales year-over-year and significant price growth.
The city of Colorado Springs boasts a median home value of $489,900, with homes selling slower than last year, yet promising investment potential.
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