2012 Residential Real Estate Round-Up
The National Association of Realtors recently profiled home buyers in 2012. Here are some tidbits:
In 2012:
1) 39% of homes were purchased by first-time home buyers.
2) Married couples purchased 65% of all homes bought.
3) Married couples sold 76% of all homes sold.
4) The average seller had lived in his home for 9 years at the time he or she sold it.
5) The average home buyer was 42 years old.
If you are trying to sell your home, perhaps this information can help you cater to the potential buyers out there!