-resized-600.jpg)
The National Association of REALTORS recently released some highlights from their 2014 Profile of Home Buyers and Sellers, with a section devoted to characteristics of home sellers. Did you know: -resized-600.jpg?width=308&height=205&name=mp900442525_(1)-resized-600.jpg)
- 40% of home sellers traded up to a larger sized home, 47% purchased a more expensive home, and 53% purchased a newer home.
- The typical seller lived in their home for 10 years. The median tenure has increased in recent years. In 2007, the typical tenure in home was only 6 years.
- 88% of sellers were assisted by a real estate agent when selling their home.
- Recent sellers typically sold their homes for 97% the listing price, and 45% reported they reduced the initial asking price at least once.
- 17% of recent sellers had to delay or stall selling their home because the value of their home was worth less than their mortgage.
- 36% of sellers offered incentives to attract buyers, most often assistance with home warranty policies and closing costs.
If you’re a seller who has been wondering if it might finally be time to sell, email us at concierge@lizmoore.com, or click below, and we can prepare a complimentary analysis of market value for you – you just may be pleasantly surprised.
Are you interested in hot real estate topics, tips and trends?
Click below to subscribe to our blog!
Stay up to date
Browse Posts
Popular
Recent
Archive
- October 2026
- September 2026
- July 2026
- June 2026
- May 2026
- April 2026
- February 2026
- January 2026
- July 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
Browse by topics
- Buyers (14)
- Locals - 101 Reasons (0)
- Sellers (7)
- Williamsburg (1)
- New Homes (0)
- Home Sale Statistics & Trends (6)
- Community (46)
- event (0)
- Newport News (0)
- lizlocal-richmond-realestate (48)
- lizlocal-williamsburg-realestate (49)
- lizlocal-peninsula-realestate (44)
- York County (0)
- events (0)
- Richmond (0)
- lizlocal-NorthernNeck-realestate (42)
- Fords Colony (0)
- Home Page (0)
- event-Peninsula (0)
- Hampton (0)
- Neighborhood Spotlight (6)
- lizlocal (0)
- event-Williamsburg (1)
- event-Richmond (0)
- Poquoson (0)
- Seniors (8)
- lizlocal-richmond-community (20)
- lizlocal-williamsburg-community (22)
- About (27)
- lizlocal-Peninsula (0)
- careers (1)
- lizlocal-Richmond (0)
- Investors (0)
- lizlocal-Peninsula-community (18)
- lizlocal-Williamsburg (0)
- lizlocal-NorthernNeck-livelocal (13)
- relo-richmond-local (0)
- relo-williamsburg-local (0)
- relo-peninsula-local (0)
- Military (0)
- lizlocal-NorthernNeck-community (15)
- lizlocal-peninsula-livelocal (11)
- lizlocal-richmond-livelocal (12)
- timeline (0)
- MarketTalk (18)
- lizlocal-williamsburg-livelocal (12)
- Rivers Bend at Uncles Neck (0)
- Peninsula (2)
- Monticello Woods (0)
- 55+ (9)
- Downsizing (9)
- New Kent (0)
- Perkinson Homes (0)
- buyer (4)
- Oaks at Fenton Mill (0)
- WYD1 (8)
- commercial (8)
- lizlocal-NorthernNeck-food_and_drink (5)
- RVA Home Building (0)
- WYD3 (7)
- buy (7)
- lizlocal-richmond-food_and_drink (4)
- relo-richmond-news (0)
- WYD4 (6)
- WYD5 (6)
- golf (0)
- relo-peninsula-news (0)
- relo-williamsburg-news (0)
- Brickshire (0)
- Chesterfield (1)
- Kingsmill (0)
- Quarterpath (0)
- WYD2 (4)
- Westport (0)
- land (0)
- Braemar Creek (0)
- Hilton Village (0)
- Kiln Creek (0)
- New Town (0)
- Patriots Landing (0)
- Queens Lake (0)
- Village Park (0)
- Virginia Beach (3)
- lizlocal-peninsula-food_and_drink (1)
- lizlocal-williamsburg-food_and_drink (0)
- waterfront (0)
- 101 (0)
- Colonial Heritage (0)
- Coventry (0)
- Governors Land (0)
- Greensprings West (0)
- Midlothian (1)
- Port Warwick (0)
- Smithfield (0)
- Stonehouse (0)
- White Hall (0)
- seller (1)
- Brandermill (0)
- Brandon Woods (0)
- Data Centers (1)
- Greater Richmond (1)
- Hallsley (0)
- Hampton Park (0)
- Hampton Roads (1)
- Hanover (0)
- Home Values (1)
- Homeowners (1)
- Merrimac Shores (0)
- Norfolk (1)
- Real Estate Trends (1)
- Running Man (0)
- The Greenlands (0)
- The Settlement At Powhata (0)
- Villas at Oxford Run (0)
- West Point (1)
- Woodlake (0)
- kensington Woods (0)
- lizlocal-richmond-liz_local (1)
- lizlocal-southside-livelocal (1)
- press release (1)
- the point on fishers creek (0)
About the company
Liz Moore & Associates is a boutique real estate agency renowned for having the region's top agents, with extensive market knowledge and local expertise that is only achieved through relentless training coupled with Liz's extremely high standards for professionalism. When you're buying or selling a home, experience matters.
-resized-600.jpg)
