Buying your first home does not look anything like it did 30 years ago. The average first-time homebuyer this year is 38, up from 33 back in 2020 and 31 between the 1990s and late 2010s. The old notion that renting in your 30s and 40s means you are falling behind is very outdated. Whether you’re weighing renting versus buying or just waiting for the right moment, just know that buying your first home at 40 is no longer unusual, it is now becoming the norm. There are many compelling personal and financial reasons. Read on to learn more!
Read more: Why First-Time Homebuying After 35 Is a Smart DecisionStronger Finances Later in Life
You likely had more time to increase your income, build savings, and boost your credit score than in your 20s. That financial maturity will help offset homeownership costs such as down payments, closing fees, and maintenance work. You are also likely to have job stability and a consistent employment history, which can improve financing options. We at J.A. Myers Homes can help with financing programs, so give us a call today if you are interested in our southern Pennsylvania homes!
Better Priorities
By your late 30s and 40s, you have lived enough to know precisely what you want in a house. You are a lot less likely to make impulsive decisions and more likely to prioritize what actually matters, whether it is location, community features, exterior or interior design, or additional space for your family. With J.A. Myers Homes, you could even personalize your new house in our home communities and floorplans for custom homes to match your lifestyle and overall vision.
Market Momentum
Smaller floor plans, flexible layouts, and energy efficiency are becoming much more available, especially for first-time homebuyers. J.A. Myers provides a range of townhomes, single-family homes, move-in ready homes, and custom-built homes that are perfect for modern home buyers who are looking for lower maintenance and financial attainability. Some of our home communities include Eagle Rock, Cumberland Village, Homestead Acres, and Mayberry in Southern Pennsylvania.
Buying with J.A. Myers Homes
At J.A. Myers, homeownership should feel very empowering no matter when you start. That is why we provide thoughtfully designed homes in welcoming home communities with move-in ready homes, to-be-built homes, and financial resources to help you throughout the financing journey.
For Any Home Building Needs, Contact J.A. Myers Today!
J.A. Myers Homes stands as a beacon of innovation, commitment, and inspiration in the homebuilding industry. With move-in ready homes and dedication to building your dream home in one of our communities or on your own land, we are prepared to help. We’re dedicated to serving customers in Hanover, Gettysburg, Stewartstown, Dover, York County, Adams County Pennsylvania and Carroll County Maryland! Visit our website, reach us at 1.800.368.9990, or check us out on Facebook, and Instagram.
