It seems like real estate investors have cornered themselves off into an “ideal age group”.
If you’re too old or too young, there’s a good chance you’re locked out of the next real estate boom.
There are ways around this, but before that’s possible, you need to be aware of what’s going on here…
It’s weird to me how the stock market and real estate market are often mentioned in the same breath, because they lead very different paths.
That’s painfully obvious when you look at how the two markets have related to each other over the past few years.
And now this relationship is hitting the next step in its journey, and it’s bringing some heavy changes.
US homebuyers were trending up in age when you look at the median age from 1985 to 2015, but things have changed when it comes to our most recent data from last year…
Median age of US homebuyer:
- 1985 – 35 years old
- 2005 – 39 years old
- 2015 – 43 years old
- 2022 – 36 years old
It looks like the cycle has reset, which begs the question…
Is the ideal age to buy a home between 35 and 43?
Why didn’t that trend keep climbing after 2015?
Do you have peers your age who are jumping into the real estate market? And I’m not just talking about primary residences…
These numbers account for real estate investors that aren’t considered corporations too.
So, does that mean you can’t invest in real estate after the age of 43?
Because within this data, there is some positives…
The biggest positive:
Your peers (or competitors) that are your age, clearly aren’t interested in investing in real estate. So that gives you an upper hand.
Take the lead for your generation and start your real estate career today.
And who knows, there’s a chance you could start a trend that pushes those median age numbers upwards by the next report.