Home Buyers Statistics

Home Buyer Statistics:

Active home search (median):

Number of weeks searched: 10
Number of homes seen: 10

First-Time vs. Repeat Buyers:

First-time buyers: 41%
Repeat buyers: 59%
Median age of first-time buyers: 30
Median age of repeat buyers: 47
Buyers who definitely would use same agent again: 70%

Actions taken as result of Internet home search:

Drove by/viewed a home: 77%
Walked through a home viewed online: 63%
Found agent used to search/buy home: 27%

Information sources used in home search:

Internet: 87%
Real estate agent: 85%
Yard sign: 62%
Open house: 48%
Newspaper ad: 47%
Home book or magazine: 30%

Source: 2008 National Association of REALTORS® Profile of Home Buyers and Sellers

Julia Corkey & Vickie Schoenfeld
Team Elite: RE/MAX Professionals Select
Naperville, IL 60564
630.418.1800/ 630.842.3401 Tel
866.761.0283 Fax
800.717.4107 Toll Free
Email: Info@HomesByTeamElite.com
Website: www.HomesByTeamElite.com