First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to All-Time High of 40
The share of first-time buyers in the market has contracted by 50% since 2007—right before the Great Recession. The implications for the housing market are staggering.
Mike Kelly, NYSAR Government Affairs Director
Jennifer Vucetic, NYSAR President
Leah Caro, Teresa Belmore and HGAR President Anthony Domathoti
From left, Assemblymember Jeffrey Dinowitz, Assemblymember Steve Otis and Assemblymember Tom Abinanti
From left, Ron Garafalo, Kerri Stretch. Valerie Port, Walter Sadowski and Carol Christiansen
NYS Assemblywoman Amy Paulin
More than 75 HGAR members attended Lobby Day in Albany.
The HGAR delegation at Lobby Day.
The HGAR delegation at Lobby Day.
From left, New York State Assemblymember Nathalia Fernandez, HGAR’s Eli Rodriguez and Leah Caro