At what age did you buy your house?

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Forum -> Household Management -> Finances

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At what age did you buy your house?

At age 20-30

63%

[ 235 ]

At age 30-40

33%

[ 125 ]

40-50

[ 5 ]

50+

[ 4 ]

Total Votes : 369

amother

Green

Thu, May 18 2023, 6:08 pm

Bought in 2008 at age 27 in Toronto
421,000

We didn't have help but our savings were in pounds because we had lived in the UK prior so worth A LOT more in Canadian dollars

amother

NeonPink

Thu, May 18 2023, 7:10 pm

28, no help from parents.

amother

Clear

Thu, May 18 2023, 7:10 pm

amother Tiffanyblue wrote:

21, Monroe, NY.

You bought yourself at that age or with help?

amother

SandyBrown

Thu, May 18 2023, 7:13 pm

I was 35, husband was 43. Baltimore, 2017. House was 190k.

amother

DarkGreen

Thu, May 18 2023, 7:20 pm

First house, I was 24 and it was a small house and was around 220k. Semi detached in Baltimore. Second house is double the size BH and we outgrew the house and bought it 10 years later for about double the price. Baltimore. Now the house were in has about doubled in price. Crazy housing market!

icedcoffee

Thu, May 18 2023, 7:25 pm

We're 29 and buying an apartment on the Upper East Side right now. It won't be our forever home though.

amother

Indigo

Thu, May 18 2023, 7:28 pm

21 in the Monsey area. No help from parents bh

amother

Aquamarine

Thu, May 18 2023, 7:30 pm

First house when I was 21. Second house when I was 23. I still live in the second house. It was a new neighborhood so I got to considerably cheaper than other people. Monsey area

amother

Beige

Thu, May 18 2023, 7:33 pm

27 greater Monsey area. Borrowed for downpayment but had 40k in saving used for closing costs and moving expenses. Would love to know how others do it

amother

Topaz

Thu, May 18 2023, 7:37 pm

amother Gardenia wrote:

We got some help but we already had 35k in savings by than. I hope that's impressive enough Wink

Pretty cool!

amother

Hyacinth

Thu, May 18 2023, 7:53 pm

age 21
300k, around 2 yrs ago in monsey
borrowed some from parents, but mostly from my savings

amother

Antiquewhite

Thu, May 18 2023, 7:59 pm

27, married 9 years by then.
Close to 500k and had to put some in for fixing up.(interest 2.75% if makes a difference)
Then we became very very very very very very very house poor and struggled greatly until about 3 months ago when we were finally able to cover most of the debts that happened over emergencies.
No help. We don't live over the top at all. I like nice things bt I pinch pennies to cover costs and many ways to get nice things for free or get cheap, diy etc.

amother

Lawngreen

Thu, May 18 2023, 8:03 pm

So is it possible to buy in the year 2023?? Im a speech therapist and live paycheck to paycheck! Im nervous about the future. Have a 3 year old and expecting now. It doesnt seem possible in this day and age

amother

Lightpink

Thu, May 18 2023, 8:37 pm

I think I was 25. We bought a small starter home for about $200k in Lakewood. No help bh, we used savings and wedding money.
We’ve almost outgrown it but even though our home went up in value so did every other home. I have no idea where we’ll go from here.

amother

Raspberry

Thu, May 18 2023, 8:40 pm

amother OP wrote:

I guess I should have also added which YEAR did you buy your house?
Prices are crazy. Especially in Stamford Hill nothing under 1 million for 3 bedroom

As a fellow Stamford hilly, it is crazy here but bh we did purchase just a few years ago, I don't want to give to much details but I am lucky we started when we had a small family. We purchased something as a starter, we had around 180k our own money and borrowed the rest, we took out an interest only mortgage (at first I really didn't want that but DH explained that it is much less and we need it because we still had to pay back all the people that we borrowed from). We managed to pay everyone back the first year and when we want to sell this to move to something larger, we will get our down payment back plus the value that it has gone up.
I used to pay sook much in rent to get someone else rich and now at least whatever I pay is for myself.
Before we purchased it was so difficult and since we did I try to encourage everyone to go for it but you do need to have some down payment

amother

Bellflower

Thu, May 18 2023, 8:42 pm

38, renting, upper midwest, married 9 years. student loans. houses are quarter to half a mil 🙄 no fam to help

amother

Hosta

Thu, May 18 2023, 8:51 pm

23
Bought for about 530,000
We had over 100,000 in savings and used it all

(We lived rent free until we bought so that helped tons)

amother

Buttercup

Thu, May 18 2023, 8:55 pm

24, 260k in Cleveland
Our down payment was a gift from 2 sets of grandparents

amother

Seafoam

Thu, May 18 2023, 9:09 pm

23. OOT. For low 200s. In 2017

amother

Sand

Thu, May 18 2023, 9:13 pm

26
Toms River NJ
2021
No help

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