Showing posts with label Home Buyer Statistics. Show all posts
Showing posts with label Home Buyer Statistics. Show all posts

Friday, September 17, 2010


According to statistics provided by the National Association of Realtors® Profile of Home Buyer and Sellers,

Homebuyers took 12 weeks to find a home;
Homebuyers saw 12 homes before finding their new home;
30% of all homebuyers are 25 to 34 years of age;
The median age for a first-time homebuyer is 30;
The median age for all homebuyers is 39;
Median age for repeat buyers is 48;
47% of all homebuyers are first-timers;
53% are repeat buyers;
1 in 5 homes purchased were of new construction;
90% of homebuyers used the Internet to find their home;
84% of REALTORS® use social media to some extent;
87% used a real estate agent to find their home;
81% of all homebuyers would use the same agent again;
77% drove by and found their new house;
61% did a walk-through online;
59% used a yard sign to find their home;
46% used an open house to find their home;
40% used a newspaper ad;
26% used a home book or magazine;
84% of buyers reported the photos to be the most useful information;
The number one action taken after viewing a home online was to drive by or visit the home; and
62% of first time buyers reported that the primary reason for buying a home was the desire to be a homeowner.