- The median age of first time buyers has declined in recent years. As homes become more affordable and interest rates remain at all time lows the percent of younger first time home buyers is increasing.
- In 2003 48 percent of first time buyers were 34-years-old and younger. In 2008 the share of first time buyers who is 34-years old and younger has risen to 66 percent.
- The median age of first time buyers is continuing to decline. In 2008 the median age was 30, which is down two years.
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