That extra decade gives you more time to build equity with every payment

Manfred, time is one of the most valuable advantages a homeowner can have. Starting earlier allows equity, appreciation, and steady loan repayment to work together over many years. Even a modest first home can become an important foundation for future financial security.

I started at age 24. My sons in their 30's as single men just cannot afford anything worth buying, so they rent. No signs of marriage or double incomes on the horizon. It is what it is.