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Millennials Are on the Move as First-Time Homebuyers

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According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32.

With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong.

More and more “old millennials” (ages 25-36) are realizing that homeownership is now within their grasp, and they’re actively dominating the first-time homebuyer market!

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Sharad
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