Hi. This is Susy Thomas with your weekly real estate advice. Today I'm talking to people who are thinking about buying a home. As I've mentioned before, the first thing that you want to do is check
Characteristics of Home Buyers in 2018
National Association of Realtors 2018 Survery Report
- First-time buyers made up 33% of all home buyers, a decrease from last year’s 34 percent.
- The typical buyer was 46 years old this year, and the median household income for 2017 rose again this year to $91,600.
- 12% of home buyers purchased a multi-generational home, to take care of aging parents, because of children over the age of 18 moving back home, and for cost-saving.
- 18% of recent home buyers were veterans and 3% were active-duty service members.
Susy grew up in Detroit, graduated from Michigan State University. She has lived in San Diego for over 35 years. While working as a purchasing manager in the restaurant business she was offered the o....