(Closed) At what age did you become a homeowner?

posted 6 years ago in Home
  • poll: age at time of buying first home?
    18-21 : (35 votes)
    10 %
    22-25 : (134 votes)
    36 %
    26-30 : (96 votes)
    26 %
    31-35 : (27 votes)
    7 %
    36-40 : (7 votes)
    2 %
    41-45 : (1 votes)
    0 %
    46+ : (2 votes)
    1 %
    never owned a home : (65 votes)
    18 %
    my house was given to me : (1 votes)
    0 %
  • Post # 3
    Member
    9057 posts
    Buzzing Beekeeper
    • Wedding: June 2010

    I technically don’t own our condo since its only in dh’s name. But we bought it when I was 23 and I guess it’s half mine at this point… But if you mean stand alone, single family home we’re 28 and 33 and still don’t own a house.  And honestly houses in my city are pushing 1M on average so we likely never will. 

    Post # 4
    Member
    1994 posts
    Buzzing bee
    • Wedding: June 2015

    I’m 24 and he’ll be 24 this fall. The love and I are renting now and probably will be for at least another 3yrs.  We’d love to own a home someday, but we are not really in a rush. 

    Post # 5
    Member
    2493 posts
    Buzzing bee
    • Wedding: August 2012

    We bought last year at 29 (me–closed two days after my birthday!), and 31 (FI). Technically it’s in his name, but that’s just details. ;] πŸ˜›

    Post # 6
    Member
    1810 posts
    Buzzing bee
    • Wedding: May 2012

    I bought my condo when I was 21. TBH I wasn’t really looking, but after doing the math, it was a lot cheaper to buy a condo then to continue to rent crappy apartments (that were in my price range). I dont think you are behind on buying a house!

    Post # 7
    Member
    2823 posts
    Sugar bee
    • Wedding: December 2012

    I’m 23 and my FI is 27 & we don’t own a home. We want to in the future, but its not a top priority for us right now. The place we currently rent is awesome & in a great location. Plus we LOVE to travel. I don’t see any reason to rush into homebuying because everyone else is, take your time! πŸ™‚

    Post # 8
    Member
    325 posts
    Helper bee
    • Wedding: September 2011

    We’re 25 and couldn’t possibly afford a house in our area (silicon valley) yet. Hopefully someday, but it’s just so expensive to buy here. 

    Post # 10
    Member
    14302 posts
    Honey Beekeeper
    • Wedding: June 2011

    31… it takes a long time to save up that 100k for a 20% downpayment around here

    Post # 11
    Member
    3126 posts
    Sugar bee
    • Wedding: December 2017

    I think we were on the cusp of 25/26 when we bought our home. We live in the midwest and it was a major goal of ours before we were married. It has been hard at times but worth the sacrifices we have had to make πŸ™‚

    Post # 13
    Member
    314 posts
    Helper bee
    • Wedding: June 2013

    Well TECHNICALLY I was 21 when we started the process but it took about a month to close and in that month I turned 22, so I said 22 since that is when I became a homeowner!  Best birthday present ever!!!

    Post # 14
    Member
    7609 posts
    Bumble Beekeeper

    I was 29 and the house is in my name.  I think a LOT depends on how much you’re looking to spend and where you’re looking to buy!  Even more so than your age.  πŸ™‚

    Post # 15
    Member
    11327 posts
    Sugar Beekeeper
    • Wedding: February 2011

    25. But it is all circumstancial. It made sense for us to buy a house when we did because 1) I had just gotten a one-time insane bonus at work (that I had never had before or since) and 2) we were in the right time for the obama 8k buy-a-house tax credit. 

    Had it not been for those two items? It honestly might have taken us another 3-5 years.

    Post # 16
    Member
    2282 posts
    Buzzing bee
    • Wedding: June 2012

    I was 28 and starting my PhD. I bought a little house in the next town over from school because I knew I’d live there at least 5 years, and I just couldn’t see pouring rent money down a hole all that time. Best decision I ever made. Since I stayed on after graduating to teach a couple years, I lived there 7 years. That itty little house doubled in value, and made it possible for me to buy a real grown up house when I moved to VA. 

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