Home Buyers May 2026

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 .

This group has plummeted to the lowest share since 1981, with the median age rising to 40 years old . Key Market Trends & Projections

Rates have stabilized in the low 6% range , with some forecasts predicting they could dip below 6% by late 2026. home buyers

Provide a checklist of (insurance, taxes) for first-time buyers. Compare new construction vs. existing home pros and cons. Let me know which area of the report you want to expand! The 2026 New-Home Market: A Rare Opportunity for Buyers?

Cleanliness remains the #1 dealbreaker for 44% of buyers, while neighborhood quality (71%) and views (38%) are the primary dealmakers. While their overall share has slipped, Older Millennials

Forecasters from Zillow and Realtor.com describe the current climate as "The Great Housing Reset," a period of gradual normalization.

The 2026 home buying market is defined by a deep generational divide: currently dominate the market using accumulated housing wealth, while first-time buyers have reached a record low due to persistent affordability challenges . Despite these hurdles, 2026 is emerging as a "rebalancing year" where income growth is finally outpacing home price growth, offering modest relief for those entering the market. 2026 Buyer Demographics Provide a checklist of (insurance, taxes) for first-time

Over 27% of buyers are now using AI tools to compare mortgage rates, simulate payment scenarios, and review neighborhood data. Community Perspectives