The median age of first-time homebuyers has remained steady over the past three decades while repeat buyers are aging, leaping upwards from 31 in 1981 to 47 in 2019. According to the National Association of Realtors (NAR), the reason for this increase is that people are living and working longer, therefore they remain longer in their homes.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
