What's The Average Age For First Time Home Buyers?

By
Real Estate Broker/Owner with THE TEMPLE TEAM
https://activerain.com/droplet/5dnb

 

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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Topic:
Home Buying
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Charlotte NC Real Estate
Charlotte North Carolina Area
Lake Norman and Charlotte Brokers
Lake Norman NC Homes
Lake Norman Rain
Tags:
first time home buyers
charlotte realtor
lake norman realtor
charlotte real estate agent
lake norman real estate agent
first time home buyer specialist
the temple team
kernersville real estate agent

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Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Temple Team. I believe the average age per region is dictated by price. The higher the prices, the higher the age because of affordability. Enjoy your day!

Jul 19, 2018 05:10 AM #1
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Rainmaker
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