Age of first-time home buyers rising in northern Michigan

WPBN on MSN.com

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Summary

Hes not alone. A report from National Association of Realtors shows the median age of a first-time home buyer was 38 in 2024. It was 35 years old in 2023 and 29 for much of the 1980s. The report points to high home prices, high mortgage interest rates and limited inventory.

Source: WPBN on MSN.com

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