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Home Buyers and Seller Statistics

 Some interesting facts !

14% of Home owners owned 2 or more homes in 2007.

8% of  homes buyers owned one or more investment properties in 2007.

3%  of home buyers owned one or more vacation properties in 2007.

5% of home buyers owner's a previous home that they were trying to see in addition to their current home.

49% of  home buyers who purchased a  non primary second home chose to purchase a detached single family home in 2007.   Twenty-three percent purchased a condo.

17% of home buyers in 2007 expected to owne their home for 16 or more years ( the longest expected venture). 14% expected to own their home for 4 or 5 years.*

10 Years was the median amount of time all home buyers in 2007 expected to own their home.

52% of first time home buyers in 2007 were between 25-34 years old.

 

 

Nar profile of Home buyers and Sellers,2007

 

 



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Posted on July 08, 2008 13:06:40 by Vickie.TOWNES - View Profile
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