Are You a Typical Clovis Home Buyer?

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Clovis Real Estate News

June 16th, 2009

The National Association of Realtors’ (2008) report on home buyers offers some valuable insight into what a “typical” buyer looks like. Here’s some of the facts released by NAR: NAR stats:

- The typical home buyer searched for 10 weeks and viewed 10 homes.

- 87% of all home buyers and 94% of buyers aged 25 to 44 years used the Internet to search for homes.

- Just 6% percent of buyers purchased a home in foreclosure.

- The typical home purchased was 1,825 square feet and cost $267,000.

- 41% of recent home buyers were first-time buyers.

- The typical first-time home buyer was 30 years old, while the typical repeat buyer was 47 years old.

- 93% of home buyers financed their home.

Clovis Home Buyers Whether you’re a “typical” home buyer or not, we’d love to help you find your next home. Contact us today and let’s go housing hunting!

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This entry was posted on Tuesday, June 16th, 2009 at 8:02 AM and is filed under Buyer Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.