First time homebuyers still made up 49 percent of purchase loans in 2025.
But that's down from 56 percent in 2022.
And the income needed to qualify jumped 25 percent.
The median first time buyer is still 33 years old.
But their income climbed from $61,728 to $77,208.
Median purchase price hit $345,741.
Down payments stayed thin at just 4.85 percent.
Meanwhile repeat buyers are pulling further ahead.
Their median purchase price reached $482,000.
Median income hit $110,139.
They're putting down 14.82 percent.
The American Dream is still alive.
81 percent of adults say homeownership matters.
But the path is narrowing for first timers.
The good news is you don't need perfect numbers to start.
I help buyers across the Phoenix Valley understand what's actually possible with their income and down payment today.
DM me directly and I'll show you exactly what you qualify for in your target area.
