First-Time Homebuyers in Texas Remain Near an All-Time Low<\/h1>\n
PR Newswire<\/p>\n
AUSTIN, Texas, April 10, 2026<\/p>\n<\/p><\/div>\n
Buyers are generally older, have already owned homes, and are more likely than ever to pay in cash, according to a Texas Realtors report<\/i><\/p>\n
AUSTIN, Texas<\/span>, April 10, 2026<\/span> \/PRNewswire-HISPANIC PR WIRE\/ — First time buyers accounted for 21% of all homebuyers in Texas in 2025, near the all-time low of 20% recorded the previous year, according to the 2026 Texas Homebuyers and Sellers Report<\/i><\/a> released today by Texas Realtors.<\/p>\n Homebuyers in Texas once again had a median age of 58, tied with the all-time high set in 2024 and very close to the U.S. all-time high of 59. Nationally, the median age of all buyers has gone from 31 in 1981 to 59 in 2025.<\/p>\n “Today’s first-time buyers were not in the housing market during the pandemic years of low mortgage rates and quick home value increases, which may leave some of them feeling a step behind,” said Jennifer Wauhob, Chairman of Texas Realtors. “Meanwhile, homeowners who built up some equity may be able to sell and make a substantial down payment on another home.”<\/p>\n Cash sales reached a record high<\/b><\/p>\n The share of homes bought with all cash in 2025 was 30%, more than double the 14% of homes purchased without financing in 2017.<\/p>\n Most sellers reduced prices multiple times last year<\/b><\/p>\n Nearly three-quarters (74%) of sellers reduced their asking price two or more times before the sale, an increase of 53 percentage points from the previous year. An additional 18% reduced the price once.<\/p>\n “Nationally, the length of time sellers have stayed in their homes before selling is at an all-time high of 11 years, but listings have increased dramatically in the recent past. Expectations can be out of date on both sides of the deal, so often there’s a sorting-out process,” Wauhob said. “In this\u2014or any\u2014market, the support of a Texas Realtor can make all the difference in guiding buyers and sellers to a satisfying sale.”<\/p>\n Satisfaction with Realtors and with the buying and selling process was high<\/b><\/p>\n Texas homebuyers and sellers overwhelmingly reported satisfaction with the buying and selling process, with 91% of sellers and 93% of buyers saying they were satisfied. They also generally reviewed their individual agents highly. Among homesellers, 87% would definitely or probably use the same agent again. The rates were even higher for buyers, 90% of whom would definitely or probably use the same agent again.<\/p>\n About the 2026 Texas Homebuyers and Sellers Report<\/p>\n Data in the 2026 edition of the Texas Homebuyers and Sellers Report is derived from the Texas responses to NAR’s\u00a0Profile of Homebuyers and Sellers<\/i> survey, which covers transactions between July 2024 and June 2025.<\/p>\n About Texas REALTORS\u00ae<\/p>\n With more than 145,000 members, Texas REALTORS\u00ae is a professional membership organization that represents all aspects of real estate in Texas. We are the advocate for REALTORS\u00ae and private property rights in Texas.<\/p>\n CONTACT![\"Texas](\"https:\/\/mma.prnewswire.com\/media\/1317682\/Texas_Realtors_Logo.jpg\" "\\"Texas"){kind=logo}
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<\/b>David Gibbs
Hahn Agency
david.gibbs@hahn.agency<\/a><\/p>\n