Millenials Are on the Move as First-Time Home Buyers

Kate_Spad_Blog_Millenials_Are_On_The_Move_As_First_Time_Home_Buyers.jpg

Some Highlights:

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

  • With more millennials entering a home buying 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 home ownership is now within their grasp, and they’re actively dominating the first-time home buyer market!