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Millennials Are on the Move as First-Time Homebuyers

Monday, December 9, 2019   /   by DeeDee Meyers

Millennials Are on the Move as First-Time Homebuyers


Millennials Are on the Move as First-Time Homebuyers



 



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



With more millennials entering a homebuying 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 homeownership is now within their grasp, and they’re actively dominating the first-time homebuyer market!