Personal tools
log in | join | help

50% of Homeowners Bought Their First Home by This Age

by LiveModern Webmaster last modified Oct 12, 2018 01:08 AM
Editorial Rating: 1 2 3 4 5
Average Rating: 1 2 3 4 5 ( 0 votes)
by Brittany Anas last modified Oct 11, 2018

First, a disclaimer: You should, of course, live your life on your own timeline. But, if you were curious about the median age of homebuyers, a snapshot from the National Association of Realtors reveals that it's 32. To get super specific… the average household income of the median homebuyer is $75,000, their homes were 1,640 square feet, and they spent $190,000 on their first property. (If that price tag seems low, note that only 17 percent of the first-time homebuyers purchased in urban areas). Again, and we're really driving this home, you should buy a home when it makes sense for you. (In fact, here are good reasons to not buy a house ). But if you do want to use age 32 as a rough target age for becoming a homeowner, you can start taking some financial steps to get there—no matter if that means planning to buy a house in six months or a decade. We asked financial experts to lend their best advice for syncing up your finances with your home-buying timeline. Here are the money moves you should be making if you are aspiring to be a homeowner. READ MORE »





this website is for sale

This website will undergo significant changes in 2019.  First, the domain name has been sold. Visitors will not be able to find the site at after about six months. In the meantime, we are looking for a buyer for the content, someone who wants to continue the mission of the website. If that is you, contact marshall [at] I will provide details.


Website migration, maintenance and customization provided by Grafware.