For many people, the dream of homeownership is out of reach. Generations of Americans have built not only their financial security, but also their lives and families , around their homes. But today, costly red tape is driving up home prices , making homeownership far too difficult for hardworking families.

The high cost of housing has forced many people to delay buying a home until much later in life. The median sale price of a new home now exceeds $400,000. The average age of first-time homebuyers has climbed from 29 years old in the 1980s to 40 years old in 2024. The median age for all homebuyers has increased to 59 years old.

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