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Posts from January 28th, 2019

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January 28th, 2019 by

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One of the first things you should understand before selling your home is who you are selling to and what about your home is marketable in today's real estate market. Zillow surveyed, recorded and analyzed data from people who bought homes in 2018. Here are the highlights of their research.

Who Are the Buyers?

  • The typical buyer is a well-educated, 41-year-old couple who has previously owned a home
  • The typical first-time home buyer is 34 years old
  • The largest, single group of home buyers is millennials between ages of 24 and 38
  • Median household income is $72,500
  • Of those buying a home:
    • 65% married
    • 19% never married
    • 11% divorced/widowed
    • 9% living with partner
  • Of those buying a home:
    • 86% live with other pe...

Click Here to Read More...

Categories: Purchasing a Home
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The Chrissie Barrick Team Office: (717) 633-7300 Cell: (717) 451-3850 Email Us
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