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Gretchen Whitmer: “Just one in five homes today are sold to first time home…”

Featuring: Gretchen Whitmer, Democratic | Governor of Michigan

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2026 Michigan State of the State

Published | Video Starts at 26:15

Now if you're 28 years old right now and you think that sounds crazy, you're right. Because a lot has changed since then. We know how much has changed. Just one in five homes today are sold to first time home buyers. That is an all time low. The median age of a first time homebuyer is 40. That's a record high. And the average income of first time home buyers is $97,000, also an all time high. (26:15–26:23)

CLAIM

Asserts that the proportion of homes sold to first-time buyers is at an all-time low.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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