The National Association of REALTORS recently released some highlights from their 2015 Profile of Home Buyers and Sellers, with a section devoted to characteristics of home buyers. Did you know:
- First-time buyers made up 32% of all home buyers,
down from 33% last year.
- The typical buyer was 44 years old, and had a median
household income of $86,100. - 67% of recent buyers were married couples,
15% were single females, 9% were single
males, and 7% were unmarried couples. - 13% of home buyers purchased a multi-generational
home to take care of aging parents, for cost savings,
and because children over the age of 18 are moving back
home. - 18% of recent home buyers are veterans and
3% are active-duty service members. - At 30%, the primary reason for purchasing a home
was the desire to own a home of their own.
Are you looking to start the home buying process? Email us at concierge@lizmoore.com, we'd love to help! Or, click below to download our free Home Buyer's Handbook.
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