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

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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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Minnesota Public Radio (MPR) is a public radio network for the US state of Minnesota. With its three services, MPR News, YourClassical MPR and The Current, MPR operates a 46-station regional radio network in the upper Midwest. Last updated from Wikipedia 2026-08-24T03:21:32Z.
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Recently updated charts from the most popular data releases according to the Federal Reserve Economic Database (FRED).