Claire Schrantz

'Old Millennials' Are Diving Head-First Into Homeownership

Claire Schrantz
'Old Millennials' Are Diving Head-First Into Homeownership

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 homebuyer category.

2% of first-time homebuyers do not fit into the categories above and represent an 'other' category. The median age of this group is 48 years old. Source: NAR & US Census

2% of first-time homebuyers do not fit into the categories above and represent an 'other' category. The median age of this group is 48 years old. Source: NAR & US Census