The National Association of REALTORS®’ 2017 Profile of Home Buyers and Sellers found that the median age of First Time Home Buyers was 32 years old for the second year in a row.
An interesting fact that The Bankrate study found was that those who live in the Northeast appeared to have lower expectations for buying a first home than other survey participants. Nearly one in five living in this region responded that the right age to buy a home for the first time is 35 or older, twice as many as any other region.
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* Excerpts taken from article published in Realtor Magazine
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