Age Of Home Ownership

Age Of Home Ownership

Image title

The average consumer’s life is filled with financial milestones, and buying a home is a major one. But when do most people reach the milestone of homeownership? Researchers at Comet Financial Intelligence, a student loan refinancing resource, surveyed 1,200 Americans on how long it took them to complete their financial “rites of passage” with homeownership and other savings hurdles. Among their findings:

  • The millennial respondents surveyed say they expect to purchase their first home three years before paying off their student loans. As such, millennials may be prioritizing paying down their student loans before buying a home, and that may explain some of their delay into homeownership compared to previous generations, the survey says.

  • The average age at which people buy their first home is 29.1 years old. Regardless of which generation they belong to, most Americans will be homeowners by age 35.

  • Three-quarters of millennials surveyed do not yet own homes, and they will be 34.4 years old, on average, by the time they take out their first mortgages.

Image title

When consumers do become homeowners, they tend to feel a happy sentiment toward homeownership. Female homeowners surveyed showed greater feelings of excitement about a place to call their own. However, men surveyed expressed pride in their homes more often, the survey found. Recent studies have shown single women are buying homes at a faster pace than single men.


Image title

CALL ME TODAY at 720-231-4118 if you think NOW is your time to buy!


Amy L Jackson | REALTOR® ABR, CDPE, MRP, PMN - serving Castle RockParkerDenverHighlands RanchLittletonAuroraArvadaWestminster. Let my experience as a real estate professional and investor guide you through a smooth and enjoyable transaction.  I stay on top of market trends and technology so that I can provide my clients with the highest level of service, skills, security and integrity.  Contact me at 720-231-4118 or Amy@EXITRealtyDTC.com.


To request a FREE copy of one of my 6 books visit: www.AmyLJacksonAuthor.com


Follow me on Social Media:  Facebook and Twitter

Text AmyLJackson to 85377 to get my mobile business card! 

eNewsletter Sign Up


Amy Jackson Headshot
Author:
Phone: 720-231-4118
Dated: February 12th 2018
Views: 86
About Amy: My name is Amy Jackson, I was born in Denver and have lived my entire life here in Colorado. Whether...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Coming Soon - 72 Willow Dr.     
Applewood Homes For Sale - “In the ’60s, there was the
Pets And Kids When Selling Your Home - If you have decided to put your
Who Says You Have To Choose - Luxury Waterfront and Mountain

Our Bloggers

Michelle Aknin - 1
Patricia Arcuri - 3
Jessica Arredondo - 13
Carl Ballard - 88
Annette Bates - 20
Tasha Beckman - 22
Lisa Beebe - 38
Hilary Benton - 35
Monica Blankenship - 10
Karen Bonbright - 31
Brandy Brown - 61
Barb Buller - 63
Christine Callender - 17
Alysa Casorla - 2
Seyla Choban - 8
Aleta Coleman - 23
Michael Conner - 58
Anna Cromwell - 25
Monica Daye - 24
Steve Dunbar - 60
Justin Enderes - 11
Dave Evensen - 50
Kevin Fletcher - 83
Jennifer Gaines - 68
Dave Genevich - 23
Courtney Goree - 13
Rob Graham - 9
Crystal Hart - 48
Heather Henry - 19
Dallas Hidalgo - 15
Amy Jackson - 88
Steve Johnson - 28
Evelin Kahre - 1
Jesse Kelker - 18
Tim Kelley - 26
Brenda Kellogg Meyer - 7
Darrick Kizlyk - 151
Jennifer Knisley - 35
Sage Liberski - 554
Wan Lim - 168
Jamie Lutz - 6
Serge Makhmuryan - 9
Trisha Mann - 20
Abby Mantz - 14
Sally Masten - 2
Ben and Myndi Mathwin - 40
Brittany Matthews - 13
Darla Michelsen - 3
Van Morgan - 20
Scott Nash - 53
Jayme Newsom - 8
Monique Nobil - 30
Natalie Olmsted - 31
Rebecca Pasquaariello - 7
Alice Quinlan - 14
Avery Robinson - 1
Angela Ruarte - 72
Emily Sabella - 29
Stephanie Sawin - 280
Devin Schlaufman - 24
Lisa Schwandt - 32
Alex Sharp - 4
Kim Sheppard - 24
Brittany Smith - 10
Michael Steffen - 308
Tatyana Sturm - 421
Christine Sullivan - 101
Theresa Sutherland - 20
Rebecca Taladay - 6
James Tedesco - 76
Olga Telesin - 210
Tatiana Torres - 86
Justin Torres - 8
James and Nicole Tow - 25
Ranae Urso - 135
Joshua van Etten - 25
Jeni VanOrnum - 66
Shelby Wachtendorf - 13
Candy Wallendorf - 58
Stephanie Ward - 16
LaDawn Westbrook - 284
Tamara Whelpley - 94
Sheryll White - 1578
Dawn Wild - 14
Charonda Wills - 10
Kuanwen Yu - 2
Karen Zaczkowski - 26

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Jennifer Gaines
Denver Tech Center | Cherry Creek | Colorado Springs
DENVER, CO
303-906-8218
303.790.7955

Other Locations