Every year the National Association of REALTORS® publishes a profile of buyers and sellers.  Working with a REALTOR® who is familiar with these buyer statistics and understands how they might impact the marketing and sale of your home is definitely to your advantage.  Below are some additional facts about buyers.

• The typical buyer searched 12 weeks and viewed 10 homes before making a buying decision.  In other words, sellers need to be patient as buyers look around.
• 87% of buyers financed their home purchase and usually financed about 91% of the sales price.  With tighter restrictions on lending, buyers with cash should be cherished.
• The top factor influencing where a buyer purchased a home was the quality of the neighborhood.  If your neighbors are less than stellar, you can only overcome this with proper pricing.
• The median price of a home purchased in the Northeast was $215,000.
• 90% of buyers in the Northeast purchased a home through a real estate agent.
• Nearly all buyers ranked the Internet and the real estate agent as the most useful sources in their search process.

Call me if you are looking for a REALTOR® who understands the housing market and how it impacts you!  603-526-4116; donna@donnaforest.com; www.donnaforest.com.