(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 # 77
    Member
    76 posts
    Worker bee
    • Wedding: March 2013

    I bought my first house when I was 22, but moved to Ohio for work and just bought a new house with Fiance at 24! Maybe I should vote twice for 22-25 🙂

    Fiance bought his first house when he was 21. He sold it after a few years and lived in apartments (until he met me!). We’re 24 and 29 now, for reference

    Post # 78
    Member
    1934 posts
    Buzzing bee
    • Wedding: August 2012

    I bought our house (by myself) at 26.  I put 20% down, and shortly thereafter put on a master suite edition.  My house is about 3000sf….and I just refinanced!  Yey!

    Post # 79
    Member
    3470 posts
    Sugar bee
    • Wedding: July 2012 - The Gables Inn, Santa Rosa, CA

    I was 22, Darling Husband was 26 when we bought our home last year, but that was partially due to getting almost 1/2 our downpayment as a gift from our parents. Of the $18,000 it cost us, $5,000 came from his dad, and $3,000 came from my mom. We saved the other $10,000 over 7 months (Jan-Jul 2011) by using an aggressive savings schedule and avoiding spending any penny we didn’t have to.  It wasn’t a fun 7 months, but by the end of June we were ready to start looking, and in early July we found our dream house. 

    We were both fortunate to get good jobs right out of college, so we were able to buy our house 7 months after graduation– but that’s hardly the reality for most people.  It also greatly depends on your area.  In Sonoma county, where we bought, the housing market TANKED, so there were tons of foreclosures & short sales to choose from. 

    Post # 80
    Member
    1729 posts
    Bumble bee
    • Wedding: June 2014

    I bought an amazing home with my ex when I was 22 – it was perfect in every way – great neighborhood, spacious, brand new, attractive, only a bit of a stretch moneywise, everything – we totally felt like our dreams had come true! A few years later, we sold the home and moved a bajillion miles away to Hawaii where I will be crying tears of happiness if I can ever purchase even a tiny home or condo here 🙂 But even though I am not currently a homeowner, I am happy with my life now so I’m willing to wait as long as it takes to buy another home.

    I guess what I’m saying is not to worry that you feel behind in the home buying race. It will happen for you and when it does, it’ll be perfect! 🙂

    Post # 81
    Member
    1291 posts
    Bumble bee
    • Wedding: January 2013

    Fiance owns his home but we’re renting it out presently for like, 90% of the mortgage and we’re living about 2 hours away in the basement apartment of his family’s “weekend house” (which they never use, so we’re essentially here by ourselves and it’s rent-free)I do not see us buying a new home anytime soon with the economy the way it’s going….

    Post # 82
    Member
    2831 posts
    Sugar bee
    • Wedding: May 2014

    Can’t ever see myself owning a home. We can never seem to catch a break. Just when we think things are getting better… Bam… we get knocked down again.

    We also live in Los Angeles area so homes are not exactly affordable around here.

    Post # 83
    Member
    1460 posts
    Bumble bee
    • Wedding: October 2012

    I can’t remember exactly but I think I was 33 or 34.  I moved from state-to-state quite a bit for jobs and when I finally settled down I bought a house.  I got in before the real estate boom so my mortgage now is actually cheaper than the rent I paid on a 2 BR apartment 8-9 years ago.

    Post # 84
    Member
    9951 posts
    Buzzing Beekeeper
    • Wedding: December 2012

    First house (a townhouse) with my Ex-H and we were both 26, Second house (a large single) about 6 years later.  And it was intended to be our forever house… if we hadn’t got divorced.

    Our first house cost aprox $ 80 K when we bought it in the mid-1980s… today they go for close to $ 300 K

    Our big house we bought for aprox $ 200 K in 1990, today they go for about $ 450 K

    Crazy how the housing market has taken off here in Ontario in recent years !!

     

    Post # 85
    Member
    418 posts
    Helper bee
    • Wedding: March 2013

    20 – I got tired of paying someone elses mortgage and decided to pay my own. LOL.

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