.0 We’re in the midst of the longest economic expansion in U.S. history, and economists think there’s still room to grow. A recent survey by the National Association for
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....