32 is the median age
24% used a gift as source of down payment
74% rented before buying
21% lived with parents, relatives or friends before buying
67% say the primary reason for buying a home is “Desire to own our own home”.
35% of all homebuyers are buying their first home
Of all first-time homebuyers
- 58% are married couples
- 18% are single females
- 14% are unmarried couples
- 8% are single men
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