Author Archive

Profile of Buyers Aged 18 to 24

The median household income for buyers aged 18 to 24 was $46,000. The most important reasons buyers aged 18 to 24 purchase a home is the desire to own (46%) home and the tax credit (17%). Seventy-seven percent of...

Profile of Buyers Who Purchased Senior Housing

  The median household income for buyers who purchased senior housing or in an active adult community was $61,200; the median age was 57....

Renters and Home Ownership

According to a NATIONAL ASSOCIATION OF REALTORS® survey of 3,793 adults conducted by Harris Interactive and released in January 2011, home owners and renters agree that home ownership benefits individuals and families, strengthens our communities, and is integral to...

Lifestyle Factors for Investment & Vacation Buyers

Lifestyle factors continue to be the primary motivation for vacation-home buyers, with the desire for rental income driving investment purchases. Vacation homes were more likely to be located in a rural area, while investment homes were more likely to...

How Homebuyers Found Real Estate Agent

Roughly half of buyers find their real estate agent through a referral from a friend, neighbor, or relative....