First-time homebuyers remain scarce, but a record share of them pay all cash

A "for sale" sign is posted in front of a home on July 09, 2026 in Los Angeles, Calif. A new report finds generational wealth is helping a record share of first-time homebuyers pay with all cash.

A new report finds generational wealth is widening the divide between homebuyers and those priced out. The median age of first-time buyers also remains at a record high.

(Image credit: Justin Sullivan/Getty Images)

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