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Military Mover Advantage Program
Before you contact a real estate agent or visit a new home site, register. You will be contacted or you can call Debbie 24/7 at 757-592-0227.
Demographic Characteristics Of Home Buyers
The largest share of home buyers were aged 25 to 34 and accounted for 36 percent of all buyers in 2010. More than one-fifth of home buyers were 35 to 44 years old. The median age of home buyers is unchanged from 2009 at 39 years old; however in two regions, the Northeast and the Midwest, the median age declined slightly. In the South and West the median age increased slightly.
Median household income of home buyers declined nationally and in all regions for the last two years. The decline in the median household income of home buyers shows how the affordability of homes has opened the market to home buyers who would not other wise have been financially able to purchase a home.
House hold composition of recent home buyers continues to evolve as the market opened to a larger share of first time buyers and improved affordability. The share of married couples has declined to 58 percent in 2010 from 68 percent in 2001. Single female buyers accounted for 15 percent of the market in 2001 and now account for 20 percent of the home buying market. Single male buyers accounted for 7 percent of the market in 2001 and now account for 12 percent of the market in 2010. Thirty-five percent of home buyers had children under the age of 18 in their household.
~National Association of REALTORS
The Difference Of Working with a Realtor To Get Your Home SOLD
Most buyers don’t want to deal directly with a seller. There are many reasons for this. Some sellers are afraid that a seller will hide something that an agent would be required to disclose and others worry that they will get a hard sell approach from the seller. They also feel uncomfortable sharing their real concerns about the property and possibly offending the seller. Most simply prefer to work with an agent for the professional knowledge to all the details.
Agents, even though offered a commission, avoid working with “for sale by owners”. They re concerned about the liability of working with an unrepresented seller and know they will end up doing all the work for both sides of the transaction.
Statistics show the longer a property sits on the market without selling, the lower the final sales price.
REALTORS do much more than facilitate the transaction. Contact me today to discuss the many things I will do to help get your home sold in the shortest time possible.
