The National Assoc. of Realtors conducts a survey* every year on recent home buyers and sellers. Below are highlights on buyers from their most recent report.

• 24% of buyers were 1^st time buyers (down from 32% the year before).
• 74% of buyers financed their home purchase. 26% were cash buyers.
• 45% of buyers purchased in a suburb, 23% in a small town, 16% in a city, 14% in a rural area.
• 75% of buyers bought a single family home.
• 86% used a real estate agent.
• 17% of buyers purchased a multi-generational home.
• The typical home purchased was 1900 SF, 3 BD, 2 bath, and built in 1994.

*2024 Profile of Home Buyers and Sellers – National Association of Realtors

Thinking of selling? Contact me if you’d like to know how these facts could impact your sale.

Donna Forest M: 603-731-5151 donna@donnaforest.com Follow her on Facebook