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Characteristics of Home Buyers

The characteristics of home buyers has changed, likely due to tightened credit conditions. There is a higher share of married couples and a suppressed level of single buyers. There is also a lower than historical share of first-time buyers, and higher incomes among buyers in general. Here are two charts that display this trend:

For more information on the 2013 Profile of Home Buyers and Sellers, click here >

Jessica Lautz, Survey Research Manager

Jessica Lautz is the Survey Research Manager. Jessica analyzes data and writes annual studies such as the Member Profile, the Profile of Home Buyers and Sellers, and the Commercial Member Profile.

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Comments
  1. John Angell

    Were these first time homebuyers actually on their first-ever purchase, or were they using the government’s interpretation of “first-time homebuyer” – someone who hadn’t owned in 5 years? The timeline fits that later given the tax credits that were given out in ’09-’10.

  2. Kimberly

    What is other?

  3. T.J. Doyle, Marketing & Communications Manager

    Kimberly, “Other” is self-identified by the survey participants. They do not feel as if they fit in the above categories. For example, it could mean non-related roommates or siblings.