Buy Houses | People Who

The median age for all buyers has reached 59 years . First-time buyers now have a median age of 40 , up from the late 20s in the 1980s.

For younger buyers, debt remains a major hurdle; 39% of Younger Millennials report student loans with a median balance of $30,000 . people who buy houses

For those under 59, the primary reason is the desire to own a home . For those 60+, it is being closer to friends and family . The median age for all buyers has reached 59 years