logo
Globella San Diego Real Estate Blog written by Exclusive Buyer's Broker, Justin Gramm.

San Diego Market Statistics

What is the Average Age of a First Time Home Buyer?

 

Buying a home is not only a major rite of passage to becoming an independent adult, but many individuals view it as a necessary step to building and retaining long-term wealth. The infographic above shows the average expected ages for each generation - Millennials, Gen X and Baby Boomers - to become homeowners (among current non-owners) is 34, 48 and 62 years old, respectively. Although most Americans will own a home by the age of 35, there are still a number of individuals and families over 35 that have yet to buy. And, it appears that the younger generations may be putting more pressure on themselves to own a home sooner than the generations that preceded them.

---------------------------------------------------------

 

Justin Gramm is the founder and principal broker of Globella Buyers Realty, your San Diego Exclusive Buyer Brokerage. He also writes this blog, "For San Diego Home Buyers."

Exclusive Buyer Agents do not list homes for sale and never represent sellers. They have no "inventory" to try to sell you. They can represent you in purchasing any home. They are specialists at representing buyers only on the buyers' side of the transaction. Exclusive Buyer Agents work to get buyers the best price and terms when they buy a home.

If you have excellent credit and plan to buy a home or condo in San Diego County within 90 days, contact Justin Gramm to hire an agent on your side of the transaction. Call Justin at (858) 437-2662 or E-mail

 

Comments

There have been no comments made on this article. Why not be the first and add your own comment using the form below.

Leave A Comment

Commenting is restricted on this article.