New Report Shows Housing Market is on the Upswing
After some not-so-good years, the housing market is finally starting get a boost.
The market, however, has had a few changes since the recession. For one, home buyers are getting older, with the average age of a homebuyer now 43, up from 35 in 1985.
“We consistently tell that story of people delaying homeownership,” says Skylar Olsen, senior economist at Zillow. “People are delaying things that pre-date homeownership — like getting married later and having children later.”
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