Alex Jerry Jr. The One Realtor

Would you live here? What a view of the city. for more info let me know.

Characteristics of Home Buyers

First-time buyers made up 32%, up from last year's 26%. This increase is still below the 38% average seen since 1981.
The typical first-time buyer was 35 years old this year, slightly down from 36 last year, while the typical repeat buyer age fell to 58 years from an all-time high of 59 years.
59% of recent buyers were married couples, 19% were single females, 10% were single males, and 9% were unmarried couples. This is the lowest share of married couples since 2010.
70% of recent buyers did not have a child under the age of 18 in their home. This is the highest share recorded. In 1985, 42% of households did not have a child under the age of 18.
14% of home buyers purchased a multigenerational home, to take care of aging parents, because of children or relatives over the age of 18 moving back home, and for cost-savings.
81% of buyers were White/Caucasian, 7% were Hispanic/Latino, 7% were Black/African-American, 6% were Asian/Pacific Islander, and 6% identified as some other race.
88% of recent home buyers identified as heterosexual, 3% as gay or le***an, 2% as bisexual, 1% prefer to self-describe, and 6% preferred not to answer.
16% of recent home buyers were veterans and 2% were active-duty service members.
At 26%, the primary reason for purchasing a home was the desire to own a home of their own. For first-time buyers, this number jumps to 60%.

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