“‘Old Millennials’ (ages 25-36) are dominating the first-time homebuyer category.”

 

 

Some Highlights:

  • According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32.
  • With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong.
  • More and more “old millennials” (ages 25-36) are realizing that homeownership is now within their grasp, and they’re actively dominating the first-time homebuyer market!

 

To view original article, visit Keeping Current Matters.

What’s Happening with Home Prices?

What’s Happening with Home Prices?

While the projected rate of appreciation varies among the experts, due to things like supply chain challenges, virus variants, and more, it’s clear that home values will continue to appreciate next year.

read more

Pin It on Pinterest

Share This