Do you know where home buyers come from? When we list a house for sale we know who the most likely buyer for that house are based on their demographic data and also where they likely live now.
The National Association of Realtors publishes annually a “Profile of Buyers and Sellers”. The statistics to compile this report come from annual surveys taken of people who actually participated in a real estate transaction in the preceding year. We buy a copy annually and study it to increase our knowledge and expertise and to better serve our clients. The 2017 edition is 144 pages long and is packed with fascinating charts, statistics, and information about both buyers and sellers.
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