First Time Homebuyer

First Time Homebuyer. Is buying your first house within your reach?

 

For the longest time, many experts doubted whether Millennials (ages 18-36) valued homeownership as a part of their American Dream.

Looking at the latest statistics from the National Association of Realtors we can see that ‘Old Millennials’ (ages 25-36) are dominating the first-time home buyer category.


All First-Time Homebuyers

All First Time Homebuyers

 


First Time Homebuyers: Married Couples
First Time Homebuyers: Married Couples

 


First Time Homebuyers: Single Females
First Time Homebuyers: Single Females

 


First Time Homebuyers: Unmarried Couples
First Time Homebuyers: Unmarried Couples

 


First Time Homebuyers: Single Males
First Time Homebuyers: Single Males

 


2% of first-time homebuyers do not fit into the categories above and represent an ‘Other’ category. The median age of this group is 37 years old.

 


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