April 15, 2015

Buying a home in your 20s? Totally do-able

By Marcie Geffner - HSH.com

Buying a home in your 20s might seem like a long shot, but in fact, many 20-somethings can -- and do -- make the leap into homeownership.

Millennials, defined by the National Association of Realtors (NAR) as homebuyers up to age 34, made up the largest group of recent homebuyers at 32 percent, according to a recent NAR survey.

Who are millennial homebuyers?
The median age of millennial buyers was 29 years. While that's at the top of the 20-something bracket, the median definition means half the buyers were younger and half older.

Read on:
http://www.hsh.com/finance/real-estate/how-to-buy-a-home-in-your-20s.html