Real Estate Newsletter
Real Estate Newsletter
REAL ESTATE UPDATE

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CHARACTERISTICS OF HOME BUYERS

For most home buyers, the purchase of real estate is one of the largest financial transactions they will make. Buyers purchase a home not only for the desire to own a home of their own, but also because of changes in jobs, family situations, and the need for a smaller or larger living area.

Characteristics of Home Buyers
First time home buyers make up 33% of all home buyers. 
The typical buyer is 47 years old
20% of recent buyers are veterans

Characteristics of Homes Purchased
Home prices increased slightly to a median of $257,000 amont all buyers 
Buyers typically purchased their homes for 98% of the asking price

Aspiring Buyers
Among non-owners, 74% are currently renters; 26% currently live with someone else without paying housing costs
78% of non-owners believe homeownership is a good decision
81% of non-owners want to own a home in the future



  





















     
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Real Estate Newsletter 
8473136753
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Real Estate Newsletter 
8473136753
help@newpanda.com




   



   



 
Real Estate Newsletter 
8473136753
help@newpanda.com