AA Credit Union

Cents-Fall 2016

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F O U N D A T I O N Laying the groundwork for financial success July's national average gas price was the lowest since 2004. $2.18 per gallon 04 | | Fall 2016 Should we buy this year? Year Median age when buying first home Median years as renter before buying first home 1970-74 30.6 2.6 1974-79 29 4.6 1980-84 29.6 5 1985-89 30.4 4.4 1990-94 32.2 5 1995-99 33.3 5.5 2000-04 33.5 5.5 2005-09 33.3 6 2010-13 32.5 6 First-time homebuyers are renting for longer than ever, but the average age for purchasing a house, according to Zillow, is going down after hitting a high in the early 2000s. — Haley Shapley Source: AAA

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