Special offer

The Numbers Game in Real Estate

By
Managing Real Estate Broker with Berkshire Hathaway HomeServices Indiana Realty

Here are some Real Estate Numbers that don't get much press.....

 

Numbers

11 - The percentage of the median down payment on a house nationwide

 

12 - The number of weeks for a typical home search

12 - The average number of homes each buyer visits

66.9% - Homeownership rate (down 3 full points from 5 years ago)

50%+ - Percentage of people who consider buying a foreclosure but don't

53 - The average age of a typical home seller

30 - The median age of a first time homebuyer

18 billion - The amount of money spent by federal government on housing bailouts

82 billion - Amount of residential sales nationwide to international buyers from 4/1/10-3/31/11 (up from $66 billion the previous year)

 

You can get a lot more information and detail atwww.retrends.com

Posted by

Ann Gioe, CRP

Managing Director

Berkshire Hathaway HomeServices Indiana Realty

Relocation Department

 

 agioe@BHHSIN.com

317-913-2803

Comments (1)

Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Ann

Thanks for posting some very interesting facts. The number spent by international buyers is one that caught my eye. I believe the average home price for the U.S. is near $150,000. When you divide this into the $82B, it is 54,667 homes. I believe the total home sales in the US for 2010 was around 4.2 million. Thus foreigners bought is 13% of all homes sold. That is pretty amazing to me. cheers cvc

Jan 26, 2012 05:32 AM