Question of the Week

Question:
What's the median age of first-time home buyers in the U.S.?

Answer:
33

Questions to think about:

• Do you aspire to own a home someday? If so, at what age do you think you will be able to accomplish this?

• The median age of a home buyer has risen from 28 years old in 1991 to 33 in 2021. What do you think are the factors behind this increase?

• What are the biggest challenges in buying a home for the first time?

Source: Money