Revelations from the NAR
February 17, 2009
60% of Today’s Buyers were Born after 1964
* 54% of First Time Home Buyers are 25-34 years old
* 62% of New Home Buyers have No Children in the Home
* Among the above referenced 62% without Children Living in the Home – 24% were Female and 12% were Male
* #1 Concern for Buyers at 62% is the Quality of the Neighborhood
* #2 Concern for Buyers at 52% was the Covenience of the Location to Work
* Buyers primarily Purchase a Second Home between the Ages of 50 to 60
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