Real Estate News 11/05/2025

Today’s News Synopsis:

In The News:

NAR – “First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40“ (11-04-25)

“The share of first-time home buyers dropped to a record low of 21%, while the typical age of first-time buyers climbed to an all-time high of 40 years, according to the National Association of REALTORS®’ 2025 Profile of Home Buyers and Sellers. ”

NAHB – “California Homebuilding Foundation Advances Education, Workforce and Industry Leadership” (11-04-2025)

“As California faces a growing need for skilled trades workers and affordable housing, the California Homebuilding Foundation (CHF) is helping students find careers in the industry.”

MPA Mag – “First-time homebuyer share hits record low as median age climbs to 40” (11-04-25)

“First-time buyers now make up just 21% of the market, down sharply from historical norms”

RedfinNews – “27% of For-Sale Homes Are Newly Built, the Lowest Share in 4 Years“ (10-29-25)

“Newly built homes made up 26.8% of single-family homes for sale nationwide in August, the lowest level in four years. That’s down from 28.2% a year earlier and 30.6% two years earlier.”

PR Newswire – “NewDay USA Launches NewDay Home to Expand Access to Homeownership for Veterans and Military Families” (10-31-2025)

“NewDay USA, a leading national mortgage lending company serving the Veteran community, today announced the launch of NewDay Home, a transformational product designed to empower Veterans and Service Members to achieve homeownership.”