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Solution to Last Week's Puzzler
Architecture Puzzler #396
Question
What is the average age of a first-time home buyer in the United States — 28, 32, or 36 years old? What is the average number of years U.S. home buyers stay in their first home — four, six, or eight years?
Answer
The average age of first-time U.S. home buyers is 32 years old, and they tend to stay in their first home four years. These numbers will vary with location, and given the current state of the housing market in the United States, both are likely to increase.
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