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Last year, the average age of a first-time homebuyer in the U.S. was 38, compared to 35 in 2023, and 29 in 1981, according to the National Association of Realtors.⁠ ⁠ In Denver last year it was $1,300 a month cheaper to rent a home or apartment than it was to purchase a starter home, according to John Burns Real Estate & Consulting.⁠ ⁠ Homes are getting more expensive and new condos, which used to be a stepping stone for first-time homebuyers, are in short supply. The effect? Young homeowners are choosing the “exurbs.”⁠ ⁠ Remote work is also boosting the exurban trend. Although more employers are calling workers into the office more frequently, a long drive is more manageable if it is limited.⁠ ⁠ Would you trade a longer commute for a more affordable neighborhood? ⁠ ⁠ Click the link in our bio to read more.⁠ ⁠ 📝: Aldo Svaldi, The Denver Post⁠ 📷: AAron Ontiveroz, The Denver Post // aaronontiveroz⁠ ⁠ #colorado #denver #realestate #housing #condos #housingmarket#denvercolorado #denve...

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