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The Average Age Of First-Time Homebuyers Reached A New Record: 'No One In Their Young 20's Are Buying Homes' [Yahoo! Finance]
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Homes have been getting more expensive for decades, but higher prices have been taking more of a toll on younger generations. A recent NBC News report revealed that the average age of first-time homebuyers reached a new record: 38 years old. This finding is based on data compiled by the National Association of Realtors The couple featured in the video were right on the mark of the new average age. The wife works in insurance and is 37 years old. She's married to a 38-year-old police officer, and they have one child in Landsdale, Pennsylvania. The couple hopes to have a second child as well. Don't Miss: Earn Passive Income with a 33.85% IRR— No Tenants, No Hassle. Accredited Investors Only. $100K Minimum. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share! Housing prices have soared for several reasons, and it's ultimately kept many young people out of the market. Real estat
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