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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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Michigan Gov. Gretchen Whitmer delivers her final State of the State address

Published | Video Starts at 21:34

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 home buyer is 40. That's a record high. And the average income of first time home buyers is $97,000, also an all time high. (21:34–21:42)

CLAIM

Asserts that only 20% of homes are sold to first-time buyers, an all-time low.

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