Buying a Home in Your 30s? Here’s Everything You Need To Know

 In Design, Education, Home Improvement, Interior Design, Lifestyle

Pop quiz: What’s the average age when most people buy their first home? Thirty-four, according to the credit reporting company Experian. And if you’re near that age and thinking of buying a home, the decision to proceed probably has a lot to do with your life’s journey thus far.

“Homebuyers in their 30s tend to be more financially mature,” says Jason Gelios, a real estate agent with Community Choice Reality in Southeast Michigan. “They usually have a larger amount of savings and a partner who’s involved with the purchase. Plus, they’ve had time to establish credit, which can qualify them for a better mortgage rate.”

If you’re in your 30s and thinking about buying your first home or upgrading to a larger house, here are crucial things to consider to make your homebuying dreams a reality.

Read More at Realtor.com

 

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