So…What do today’s Home Buyers Look Like?

The Hisey Group
Published on December 3, 2019

So…What do today’s Home Buyers Look Like?

Tumisu / Pixabay

The National Association of Realtors, of which I am a member, has released their 2019 Profile of Home Buyers and Sellers. Here are some basic facts regarding today’s Home Buyers:

  • 33 % are first-time home buyers.
  • 24 % are dealing with student debt.
  • Average household income is $93,200.
  • 50 % Purchased a home in a suburban area.
  • 87 % Purchased a single family home.
  • 12 % Median Down Payment.
  • 89 % Purchased their homes through a real estate agent or broker.
paulbr75 / Pixabay
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