2011 Profile of Home Buyers and Sellers

2011 Profile of Home Buyers and Sellers

* Thirty-seven percent of recent home buyers were first-time buyers, a drop from 50 percent in 2010.

* The typical buyer was 45-years-old, a jump from 39-years-old in 2010.

* The 2010 median household income of buyers was $80,900. The median income was $62,400 among first-time buyers and $96,600 among repeat buyers.

* Sixty-four percent of recent home buyers were married couples- the highest share since 2001. Eighteen percent of recent home buyers were single females?the lowest share since 2004.

* For 27 percent of recent home buyers, the primary reason for the recent home purchase was a desire to own a home.


About Raleigh Homes Info

Greetings, My name is Tom Bohlmann. I am Allen Tate Realtor / Broker in the Raleigh, Durham, Wake Forest, Cary North Carolina areas. Your Home Search starts here: http://www.allentate.com/tombohlmann I have been involved in the Raleigh area real estate investing since 1995. I know all the ins and outs of many many different area markets that the average or even above average Realtor does not know. Give me a call or email so we can talk about your Real Estate Needs. Tom 919-543-5714
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