Buyers Sellers /On April 21, 2017

Where Did Buyers Find Their Home in 2016?

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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.

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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

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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Lynnette Tully

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LizMoore

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.