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

posted 7 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 # 32
    Member
    5543 posts
    Bee Keeper
    • Wedding: December 2011

    We don’t yet but we are both 21 and plan to buy in the next two years depending on where I get a job at once I graduate. Also, I can’t imagine $100k being 20%, we would never own a home that cost that much. Luckily for us, our downpayment we are saving for will be in the $20k-$25k neighborhood.

    Post # 33
    Member
    8470 posts
    Bumble Beekeeper
    • Wedding: July 2012

    We plan on doing it this year, and we are in our early 30’s..

    Post # 34
    Member
    7 posts
    Newbee

    i was 20, hubby was 26, then 3 months ago we paid our mortgage in full, me being 24, and hubby 30 🙂 x

    Post # 35
    Member
    2491 posts
    Buzzing bee
    • Wedding: July 2012

    It depends a lot on geography and housing prices. When I was in northern ontaio you could buy a decent place for 150,000 and people were home owners in their early 20s. Where we live now a single family home starts at 350/400, so most homeowners are in their mid to late 20s. I am 25 and we are house hunting now.

    Post # 36
    Member
    5423 posts
    Bee Keeper
    • Wedding: November 2012

    I have settlement in 7 hours!  Im 23

    Post # 37
    Member
    3981 posts
    Honey bee
    • Wedding: July 2011

    I will be 23 when we close on our first home next week!

    Your sister was 17 and owned a home? I didn’t even think that was possible!

    Post # 38
    Member
    2353 posts
    Buzzing bee

    @mightywombat:  One of my best friends and her husband just bought their first home, in Boston. She’s 38. The cost difference in different regions is just stunning.

    Post # 39
    Member
    5092 posts
    Bee Keeper
    • Wedding: June 2011

    @ProfessorGirl:  So true! Very few of my peers (grad students or recent PhDs in their early-mid 30s) own homes, unless their spouse has a high-paying position. When you earn $25,00 per person and live in an area where a two-bedroom condo costs $500,000 or more, it’s just not possible!

    Post # 40
    Member
    3521 posts
    Sugar bee
    • Wedding: December 2010

    If everything goes according to plan, we’ll be 24 and 25 when we buy a house next year. 🙂

    Post # 41
    Member
    662 posts
    Busy bee
    • Wedding: April 2012

    We were both 25 when we bought our first home.

    Post # 42
    Member
    1052 posts
    Bumble bee
    • Wedding: June 2014 - Cedar Lake Cellars

    We were 28 but we both waited until I graduated from professional school.  He was still in grad school but at least one of us needed to have a “real” job for us to feel comfortable.

    Post # 43
    Member
    11231 posts
    Sugar Beekeeper
    • Wedding: August 2013

    @pinkshoes:  Eesh. Our home costs are really low here, but our only friends who own their homes either live in crappy neighborhoods or both wife/husband have really good jobs.

    We’d like to own a home within the next year, but we have to see what’s available. A downpayment won’t be that hard to save up, though it definitely won’t be 20%, since we’re going to do an FHA loan. It’ll be more like 5-10. 

    ETA: We’ll be 31 and 27 (I hope). 

    Post # 44
    Member
    163 posts
    Blushing bee
    • Wedding: October 2012

    Don’t feel pressure to buy just because your younger sisters have already. 

    We are 35/34 and have yet to buy.  We are/having been looking, but homes in our area are pricey and we want to be able to put down a good down payment. I’m guessing this has a big impact on when people are able to buy.  Also, sometimes it is nice to sit back and not have to deal with repairs/issues when our friends have to fix this and that around their house.  I’m also not just going to buy a place just to buy.  I want to make sure it is a house that we are going to stay in for a good number of years.

     

     

    Post # 45
    Member
    4354 posts
    Honey bee
    • Wedding: June 2013

    I was 21. Bought a condo on my own and ended up selling it just over a year later, then when I was almost 23 Fiance and I moved in to our home that we bought togeher.

    Post # 46
    Member
    1144 posts
    Bumble bee

    I was 22 when we bought our house and 23 when I moved in.

    The topic ‘At what age did you become a homeowner?’ is closed to new replies.

    Find Amazing Vendors