Wednesday, March 30, 2011

First-Time Homebuyers

Today’s Florida's first-time homebuyers are in their 30s, earn around $53,000 a year and are single. This is according to the Florida Realtor magazine. Nationwide, the number of first-time homebuyers is split down the middle; in Florida the numbers are a bit less.

Of recent buyers, 19% are female and 11% are males. A Typical home purchase is about 1,800 sq ft, 3 bedrooms and 2 baths. Over 70% of buyers consider the commuting cost.

4 out of 10 homebuyers looked online for properties. 98% of buyers viewed agents as valuable sources of information and 79% of Buyers purchased their homes through a real estate professional.

For a copy of the full report, go to www.floridarealtors.org/research.

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