re: How old were you when you became a homeowner?

24 got a piece of, land, saved and put down 25% .we sacrificed and lived very frugal

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23, both teachers.

My advice: America needs to get married earlier and have babies younger.

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25… starter home…130K
Last home…45…500k…
Thankfully I moved up in the world…

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I have two answers.

I first owned a home when I was 9. My father died at 35, and he had purchased the house we lived in before he and my mom married. They did not have a will, so the house and land were passed on to my little sister and me.

I purchased my first house at about 34 years old.

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quote:

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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).

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You read wrong. The report said the average age of a homebuyer is 56. It said nothing of the sort about first-time homebuyers.

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