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ore than half of Americans are putting major life events on hold until they own a home. A Coldwell Banker study, “2025 American Dream Report,” surveyed over 3,000 adults—nearly 900 aspiring buyers—and found that 71 % of would‑be homeowners are delaying milestones such as marriage, children, and career moves to save for a down‑payment. Among those postponing, 18 % have put marriage on hold, 17 % are waiting to change jobs, and Gen Z respondents are especially cautious, with 84 % planning to delay even pet ownership until they secure a property.

    Despite these delays, 56 % of respondents still view homeownership as the ultimate American dream, ranking it above starting a family, retiring by 67, or launching a career. Yet more than half expect to achieve that dream only after age 40. The report highlights that high mortgage rates and record home prices have slowed buyers for years, but 65 % of Americans still believe owning a home is a superior long‑term investment compared to renting.

    Coldwell Banker’s president, Jason Waugh, noted that while the pursuit of homeownership is not waning, it is becoming more intentional and financially aligned. He predicts 2026 will see a shift toward pragmatic choices: smaller homes, properties needing modest renovations, and units with income‑generating potential. Many respondents are willing to broaden their search areas and plan to purchase within the next five years. If interest rates ease and price growth slows, conditions could become increasingly favorable for first‑time buyers.

    In short, the tightening housing market is reshaping the rhythm of American life, prompting people to postpone significant milestones until they can afford a home, yet the aspiration for homeownership remains strong and is evolving into a more strategic, informed pursuit.