The median age of a first-time homebuyer has jumped from 28 years old in 1991 to 38 in 2024. When economic analysts talk about a cyclical change, they’re talking about short-term fluctuations driven ...
The median age for first-time homebuyers in the US has reached a record high of 38, three years older than the previous year, reflecting economic challenges and higher home prices, according to the ...
The Federal Reserve conducted its latest Survey of Consumer Finances (SCF) in 2022 and published the results in October 2023. The triennial report provides an overview of income, assets, liabilities, ...
These average and median 401(k) balances tell us a lot. Recall what a median number is -- it's the middle number in a series of numbers arranged in order. So if your series is 78, 101, 135, 204, and ...
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