“According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32.”

 

 

Some Highlights:

  • According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.
  • According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32.
  • More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now!

To view original article, visit Keeping Current Matters.

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Why Home Prices Keep Going Up

Even though higher mortgage rates has caused buyer demand to moderate, home prices are going back up is because there still aren’t enough homes for sale for all the people who want to buy them.

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