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Started By
Message
How old were you when you became a homeowner?
Posted on 11/6/24 at 5:45 pm
Posted on 11/6/24 at 5:45 pm
I’ve been seeing and hearing that the average age of first time homeowners keeps going up. One report said the average age is mid-fifties (sorry, forget where I saw that).
I know these days, the price of buying a house is much more than the average person can afford. Still, other housing such as apartments have also gotten expensive. Want to live in a big city? Good luck finding a studio that won’t cost an arm and a leg.
I was fortunate, I got my first house when it wasn’t crazy expensive- mid 2010’s. It’s an older home that we’ve had to do some work on, but at the price we got it at, too good to pass up.
So how about you, when did you buy your first home?
I know these days, the price of buying a house is much more than the average person can afford. Still, other housing such as apartments have also gotten expensive. Want to live in a big city? Good luck finding a studio that won’t cost an arm and a leg.
I was fortunate, I got my first house when it wasn’t crazy expensive- mid 2010’s. It’s an older home that we’ve had to do some work on, but at the price we got it at, too good to pass up.
So how about you, when did you buy your first home?
178
Posted on 11/6/24 at 5:45 pm to SaintlyTiger88
First time I was 26
Posted on 11/6/24 at 5:45 pm to SaintlyTiger88
25
Posted on 11/6/24 at 5:48 pm to SaintlyTiger88
Early 30s. Probably 32 would have to do math and such so will go with that.
Don't think the article was talking 1st time, think it just mentioned age purchases last year but I could be wrong.
Don't think the article was talking 1st time, think it just mentioned age purchases last year but I could be wrong.
Posted on 11/6/24 at 5:49 pm to SaintlyTiger88
At 32
After I became financially stable.
After I became financially stable.
Posted on 11/6/24 at 5:49 pm to 0x15E
23, but house was only 65k.
Posted on 11/6/24 at 5:49 pm to SaintlyTiger88
31, and the rate of 8% was the lowest it had been in 20 years.
Posted on 11/6/24 at 5:50 pm to SaintlyTiger88
28 I think.
Posted on 11/6/24 at 5:50 pm to SaintlyTiger88
31 first home based on my earnings.
Bought a condo at 18 but that was an outlier situation.
Bought a condo at 18 but that was an outlier situation.
Posted on 11/6/24 at 5:52 pm to SaintlyTiger88
27. Wasn’t making much money at the time. Luckily I had saved up and had good credit.
Posted on 11/6/24 at 5:52 pm to SaintlyTiger88
22 the first time. 30 the second time.
Posted on 11/6/24 at 5:52 pm to SaintlyTiger88
22
Posted on 11/6/24 at 5:52 pm to SaintlyTiger88
25
Posted on 11/6/24 at 5:52 pm to SaintlyTiger88
33
Military, followed by College, before buying a home.
Military, followed by College, before buying a home.
Posted on 11/6/24 at 5:53 pm to SaintlyTiger88
28
Posted on 11/6/24 at 5:54 pm to SaintlyTiger88
27 years old. The house was nothing special though. I think we paid 125k for it.
Posted on 11/6/24 at 5:55 pm to SaintlyTiger88
36 but we were moving all over the place. Married at 32.
Posted on 11/6/24 at 5:55 pm to Chief Hinge
quote:
First time I was 26
Posted on 11/6/24 at 5:56 pm to SaintlyTiger88
25
Posted on 11/6/24 at 5:56 pm to SaintlyTiger88
24
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