first home: Buying a Home Young is the Key to Building Wealth - 01/15/19 01:00 PM
Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set.
“Today’s older adults became homeowners at a younger age than today’s young adults. Half the older adults in our sample bought their first house when they were between 25 and 34 years old, and 27 percent bought their first home before age 25.”
The full breakdown is in the chart below:
The study goes on to show the impact of purchasing a home at … (0 comments)

 
Azmi Alkurd, Residential | Commercial Real Estate Agents (Better Homes and Gardens Real Estate Lifestyles) Rainmaker large

Azmi Alkurd

Residential | Commercial Real Estate Agents

Sterling, VA

More about me…

Better Homes and Gardens Real Estate Lifestyles

Address: 46179 Westlake Dr, Suite 200, Sterling, VA, 20165

Office: (703) 444-8587

Mobile: (703) 628-9343

Email Me

Online Mortgage Estimator


Listings

Links

Archives

RSS 2.0 Feed for this blog