Kate Wood

Get in your first place.

Feels like it makes sense.

In 2025, the median age hit 40.

So your median first-time homebuyer is now 40.

And if that didn't break your brain, this might.

Back to 1981 again, rewind.

In 1981, the median age for repeat homebuyers, so it's not your first time, that median age was 36.

So someone who's bought your first home at 29, you're upgrading at 36.

Again, feels like a narrative that we're comfortable with, right?

In 2025, the median age for repeat buyers was 62.

Wow.

So a lot of people are staying in their first home a lot longer these days.

Home ownership tenure has really been lengthening.

You know, it varies depending on where in the country you are because property taxes are a piece of it.

But people are staying put a lot longer and people are simply getting started a lot later.

And this should really be changing the way that we're thinking about home buying and home ownership.

Right now, if you're listening to this and you're in your 20s or even your 30s thinking like, oh my gosh, I haven't bought a home yet.

I need to hurry up.

You are in good company.

You are not lagging behind.