Recent reports indicate a significant shift in the demographics of homebuyers in the U.S., with the average age jumping to 56. This trend can be attributed to soaring home prices, making homeownership increasingly unattainable for younger individuals. In fact, the share of first-time homebuyers has plummeted to a historic low of 24%, as many young Americans struggle to enter the market. The typical homebuyer is now more likely to be older, single, and a woman. Many older buyers are even tapping into their savings to finance their purchases, reflecting a growing reliance on nest eggs. The real estate market is facing unprecedented challenges as first-time buyers encounter a tough environment characterized by lack of affordability and limited opportunities.