Most difficult steps of the homebuying process in the U.S. 2023, by age group

Published by Statista Research Department, May 13, 2024

Regardless of their age, the biggest struggle of American homebuyers in 2023 was finding the right property. That was especially challenging for the youngest homebuyers, who presumably have the least experience and smallest budgets. Respondents between 25 and 33 years were also the most likely to struggle with paperwork and find the steps in the process confusing.

Most difficult steps of homebuying process in the United States in 2023, by age group

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Release date

March 2024

Region

United States

Survey time period

July 2023

Number of respondents

6,817 respondents

Special properties

Primary residence buyers; real estate purchased between July 2022 and June 2023

Method of interview

Online survey

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Statistics on " Millennials homeownership in the United States "

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Overview

7

Homeownership plans

7

Home financing

7

Home buying process

7

Renovations

4

Further related statistics

19

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Topics

Millennials homeownership in the U.S.Housing market in the U.S.Apartments in the U.S.Residential construction in the U.S.Residential real estate in New York
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