Posted on 2 Comments

The American Dream Shifts: Why First-Time Homebuyers Are Now 40—And What That Means for Your Wealth

young family moving into new home scaled

Homeownership has long been considered the bedrock of the American Dream

the staff of the Ridgewood blog

Ridgewood NJ, homeownership has long been considered the bedrock of the American Dream, and for good reason: it’s the primary path to building substantial household net worth for most Americans. Today, about 65% of U.S. households own a home, viewing it not just as shelter, but as a crucial financial asset.

However, the journey to owning a home is changing dramatically. New data reveals key shifts that every prospective buyer and homeowner needs to understand.

Continue reading The American Dream Shifts: Why First-Time Homebuyers Are Now 40—And What That Means for Your Wealth