This group has plummeted to the lowest share since 1981, with the median age rising to 40 years old . Key Market Trends & Projections
While their overall share has slipped, Older Millennials (ages 36–45) are now the highest-earning homebuyer generation, with a median household income of $132,700 . home buyers
Former high-cost metros like San Francisco, San Jose, and Los Angeles have entered undervalued territory following recent price corrections. Buyer Priorities & Negotiating Power This group has plummeted to the lowest share
“Home price growth will be minimal—roughly 2% to 3%—about the same as overall consumer price inflation. Generally, wage growth will be above that. So, it's a year where people's income begins to rise a little faster than consumer price inflation and home...” National Association of REALTORS® Buyer Priorities & Negotiating Power “Home price growth
According to the latest National Association of REALTORS® (NAR) Generational Trends Report , the market is largely fueled by experienced, repeat buyers.
Nominal home prices are expected to rise modestly by 1% to 3% , but because wages are growing at a faster rate (3.6%+), the "real" cost of buying is technically declining for many.
Forecasters from Zillow and Realtor.com describe the current climate as "The Great Housing Reset," a period of gradual normalization.