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2011 Profile of Home Buyers and Sellers Introduction

By
Mortgage and Lending with The Jonathan Arnold Team of Inlanta Mortgage

2011 Profile of Home Buyers and Sellers IntroductionCredit to Realtor.org

Over the next few weeks I am going to breakdown the 2011 Profile of Home Buyers and Sellers.  To keep things easy on myself as well as you the readers I will do section by section.

First things first, you may be asking what this report is and why I feel it is important.  Over the last few years especially we have seen many changes with what our clients are looking for and need not to mention the change in consumer demographics as a whole.  It is our job as a professional to stay on top of what it is our clients need and expect not to mention what they want when choosing a real estate professional, how consumers begin the process of searching for a home, why some choose not to work with Agents and what draws them into the market.

A few quick points of interest:

  • The demographics covered this year are unlike any in the last 10 years
  • Over the last 2yrs the Home buyer Tax Credits and Record low affordability drove the market.  In 2011 the changes in financing standards have adjusted who is purchasing and selling homes.
  • The role of the Real Estate Agent has become more invaluable.

 

 

 

**Photo credit to www.realtor.org

Posted by

 

 
 
  Katrina Cole  

Katrina Cole

Business Development

The Jonathan Arnold Team
   


Inlanta Mortgage, Inc
2029 Celadon Dr NE
Grand Rapids, MI 49525

 
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Show All Comments Sort:
Rich Cederberg
eXp Realty - Albuquerque, NM
eXp Realty Agent Albuquerque

Katrina, you are right, a lot has changed in the past few years and agents need all the information we can get our hands on.  Can't wait to see your upcoming posts. 

Feb 21, 2012 09:15 AM
Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

Katrina, great idea to review the profile of our clientele!  Thanks for recapping for us!  This is going to be a great series to follow!
Pamela

Feb 21, 2012 10:42 PM
Katrina Cole
The Jonathan Arnold Team of Inlanta Mortgage - East Grand Rapids, MI
Inlanta Mortgage, Business Development Manager

Rich, it is odd to think about how much things have changed.  I think if someone would have told us how all this was going to play out we would have told them that  they were crazy.  I am excited to be pushing my self through the entire profile this year as I know over the past few years just skimming the information I have missed valuable insight.

Pamela, I am happy to review this for everyone as I hope to weed out some of the redundancies and focus on the most valuable information.

Feb 22, 2012 12:44 AM