(Closed) What age were you when you bought your first home?

posted 3 years ago in Home
Post # 76
Member
1754 posts
Buzzing bee
  • Wedding: June 2016

Don’t feed into social pressure to buy a home right this second. I’m 24 and some people I know from college have bought homes in the last few years (so ages 21-23) and for the most part I think it’ll come back to bite them. They’re all buying very small houses, or small beat-up condos – not something that they can live in for a long time or that has good resale value. They’re just buying so they can say they own a house. 

Post # 77
Member
1961 posts
Buzzing bee
  • Wedding: October 2016

TwilightRarity:  From a fellow Bay Area resident (renter here!) — CONGRATS!!

Post # 78
Member
4029 posts
Honey bee

I was 25, but turned 26 within two weeks of purchase. Darling Husband was 28.

Post # 79
Member
6231 posts
Bee Keeper
  • Wedding: September 2016

ellyd23:  thank you! I’m still walking around squealing with joy. My family keeps laughing at me because for over a month I’ve been doing this thing where I suddenly stop everything and squeal and wave my hands around and then get back to what I was doing or saying.😊

Post # 80
Member
7905 posts
Bumble Beekeeper

I was 26. I would not have been ready for that investment and responsibility in my early 20s. 

Post # 81
Member
206 posts
Helper bee
  • Wedding: December 2017

UK bee. I bought my first house at 18, and have bought my second now (21) which we’re moving into in 2 weeks! 🙂 

 

Post # 82
Member
2627 posts
Sugar bee
  • Wedding: April 2017 - Hogarths, Solihull

I was 22, but only 3 days away from my 23rd Birthday. Fiance was 24. 

We’re the only people in our friendship group who own a house. We were really lucky because we had a decent chunk of savings each, and the UK Government had a scheme for people buying new houses so we only needed a 5% deposit and we could have a 20% loan (free for 5 years) so we only had to mortgage 75%

Don’t feel pressured into buying yet. Rent for a while to find out what you actually want in a house 🙂

Post # 83
Member
209 posts
Helper bee

29! And my fiance is 28. We just bought our first home and closed earlier this month. 

Post # 84
Member
268 posts
Helper bee
  • Wedding: December 2016 - Hunter Valley

25 and Fiance was 24. Don’t be pressured by what family wants…it’s ultimately your decision and it’s a big one! You’ve got to do what’s right for you!

Post # 85
Member
140 posts
Blushing bee
  • Wedding: July 2016

I was 27. I got a good paying job at 23 and saved up for those years in order to put down a good size down payment.

Post # 86
Member
422 posts
Helper bee

21, Darling Husband was 27.

Post # 87
Member
1099 posts
Bumble bee

I’m 32 and Darling Husband is 34 and we wont be buying for at least another 3-4 years most likely. We live in the DC metro area where a 3bdrm can run you almost half a million and we live (on purpse) in an area with great schools which makes it that much worse. Darling Husband is starting grad school this year to go into an entirely new career and i’m just now going back to school for my bachelors. I also have a son who’s going into HS next year and I’d really prefer not to buy until he’s done as to not have to worry about switching him out of his school so we’re waiting out of need and want. Everyone’s timeline is different I wouldn’t worry about it too much. It is hard esp when most of our friends have already bought and som are buying their third and even fourth homes but we have our own path to follow and so do you and yours.

  • This reply was modified 3 years, 5 months ago by  devonlee.
Post # 88
Member
327 posts
Helper bee
  • Wedding: July 2017

We were both 26. There is no specific age that you need to own your own home by! Don’t stress.

Post # 89
Member
1115 posts
Bumble bee
  • Wedding: September 2017 - Mississauga Convention Centre

We just bought our first home and we are 20

Post # 90
Member
511 posts
Busy bee

We were 26

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