The Liz Moore Market Watch Blog

Where Did Buyers Find Their Home in 2016?

Posted by Lynnette Tully on Fri, Apr 21, 2017 @ 03:09 PM

The 2016 National Association of Realtors Profile of Home Buyers and Sellers reports on where buyers found the home they purchased.  

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Internet - 51%
The number has consistently increased year after year, starting at just 8% in 2001.

Real Estate Agent - 34%
Ranging between 38% and 33% since 2004, this number was at its highest in 2001 (48%) and its lowest (33%) 2013-2015.

Yard Sign/Open House Sign - 8%
This number stayed between 15% and 16% from 2001-2008, and started to drop in 2009.

Friend, Relative, Neighbor - 4%
Jumping back and forth from 7% to 8% from 2001-2008, this number dropped to 6% in 2009 and is now at its lowest.

Home Builder or Their Agent - 2%
This number stayed the same for the last few years and is now at its lowest.

Directly From Sellers - 1%
This number has remained between 2% and 3% since 2005 and dropped to 1% in 2016.

Print Newspaper Advertisement - 
This number started at 7% in 2001 and has consistently dropped year after year, currently being too low to calculate.

Where Buyers Found Their Home_Flyer.jpg

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Tags: Buyers, Sellers