Nepo-Buyers: The New Wave of Parent-Funded Homeownership

There’s a new term floating around the housing world: “nepo-buyers.” These are adult children entering the real estate market with help from their parents—whether it’s a gifted down payment, co-signed loan, or even a fully funded purchase.

In today’s tough market—with high interest rates, low inventory, and rising home prices—many first-time buyers are finding that the only way to break into homeownership is with family support. In fact, nearly 40% of buyers under 30 are relying on financial help from their parents.

Why it Matters

The traditional path of saving up for years to buy your first home is getting harder. The average age of first-time homebuyers is now pushing 38, a big shift from just a decade ago. More than ever, families are stepping in to help the next generation start building equity and stability earlier in life.

This growing trend is reshaping the market. Buyers with parental support are able to make stronger offers, close faster, and often skip the starter condo in favor of single-family homes. On the flip side, it’s putting added pressure on buyers who don’t have that kind of backing.

Should You Consider It?

If you’re a parent thinking of helping your child into a home—or a buyer wondering if there’s a creative way to get into the market—this could be the time to explore options. Gifting funds, co-signing, or investing together in a duplex or multi-unit property are all paths worth considering. Just make sure everything is structured clearly and legally to avoid surprises later on.

My Takeaway

Whether you call it “nepo-buying” or just good old-fashioned support, one thing is clear: the idea of going it alone is fading fast in today’s market. If you or someone in your family is looking to buy, talk about creative ways to make it happen. There’s more than one way to get a foot in the door—and I’m here to help you find the right one.