A Look at the Home Buyers of 2018 Compared to 2017
Recently, the National Association of Realtors (NAR) surveyed national home buyers purchasing their primary residence in 2018, and published their annual Profile of Home Buyers and Sellers. We compared this year’s highlights to the 2017 report:
2017- 45 years old
2018- 46 years old
Median Household Income:
Percent of First-Time Home Buyers
Percent of Married Couples
Percent of Single Females
Percent of Single Males
In just one year, home buyers are getting slightly older and richer, and the percentage of first-time home buyers has decreased. Does any of this surprise you? What do you think is in store for 2019? Check out all the highlights of the 2018 Profile of Home Buyers and Sellers, and see the “Rental Market Research” section of our blog for more market research.
Disclaimer: The information in this blog has been prepared solely for informational purposes. The contents are based upon or derived from information generally believed to be reliable although Visio Lending accepts no liability with regard to the user's reliance on it. For legal advice, please contact your counsel.