CNN —
A record number of Americans in 2024 used an inheritance to help finance a down payment on their first home.
That’s according to a new survey from the National Association of Realtors, which found Americans who bought homes for the first time between July 2023 and June 2024 were older and wealthier than in previous years. The report underscores the intensifying struggle many Americans face when buying a home, as prices have rapidly climbed to near-record levels and mortgage rates have remained stubbornly high.
The survey found that first-time homebuyers had a
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