Newrez Data Shows First-Time Buyers Account for Nearly Half of Purchase Mortgages as Homeownership Remains Part of the American Dream

Newrez Data Shows First-Time Buyers Account for Nearly Half of Purchase Mortgages as Homeownership Remains Part of the American Dream

As America celebrates its 250th anniversary, 81% of U.S. adults say owning a home is still part of the American Dream.

First-time homebuyers made up 49% of Newrez new purchase loans in 2025, with the median first-time buyer age holding steady at 33.

Repeat buyers represented just over half of Newrez purchase originations in 2025 and purchased more expensive homes, with a median purchase price of $482,000.

As the United States celebrates its 250th anniversary, homeownership remains part of the American Dream—even as the path to achieving it evolves—according to new data from Newrez, a leading homeownership company.