Typical Florida Home Buyer

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Mortgage and Lending with Beach Community Mortgage

I thought this was some interesting information to share. 

Think you know the typical Florida home buyer or seller? Well, here's
a chance to see if you're right. The 2006 Profile of Home Buyers and
Sellers Florida Report, now available on floridarealtors.org, finds that
the median age of a Florida homebuyer is 46 years; among first-time
buyers, it's 34 years. Seventy-one percent of homes purchased were
detached single family homes within 18 miles of a previous residence;
and the typical price paid, including all forms of housing, was $217,600
for a 1,729-square foot home. The buyers searched for eight weeks and
visited eight listings. Looking at Florida home sellers, a full 72 percent
contacted only one real estate associate before selecting one to assist in
the sale of their home, and 43 percent based their choice on a
recommendation from a friend, neighbor or relative. Of the sellers,
34 percent used the same associate for their home purchase too. Want
to learn more? The complete 20-page 2006 Profile of Home Buyers
and Sellers Florida Report can be downloaded in PDF format. Find it
at floridarealtors.org by clicking on ''Legislature'' and then ''Research.''

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