Coldwell Banker Relocation Team

The NATIONAL ASSOCIATION OF REALTORS® surveys home buyers and sellers annually to gather detailed information about the home buying and selling process. Here are some characteristics of people who bought homes in 2010.

Fifty percent of recent home buyers were first-time buyers.
The typical first-time home buyer was 30 years old; the typical repeat buyer was 49 years old.
The 2009 median household income of buyers was $72,200. The median income was $59,900 among first time buyers and $87,000 among repeat buyers.
Twenty percent of recent home buyers were single females, and 12 percent were single males.
For one-third of recent home buyers, the primary reason for their recent home purchase was a desire to own a home.

This table shows the age of home buyers by regior of the US. The biggest age bracket is 25 to 34.

This table shows the household income of home buyers by region in the US. Between $25,000 and $125,000, there is very little difference in the number of buyers by income bracket.

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Useful Information About Bellingham Real Estate
by Tom DeRose