Kate Wood
👤 SpeakerAppearances Over Time
Podcast Appearances
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.
You are good, okay?
We are good on that goal.
Another 2025 stat that really jumps out, and I need to actually give a shout out to my editor, Jeanette, because she was the one who pointed this out.
So last year, among all home buyers, only 24% had children under 18 in their households.
So fewer than a quarter.
In 1985, 58% of buyer households had children.
So the conventional wisdom has been that spring is home buying season, right?