Profile of a U.S. Homebuyer

11/19/14

 
According to a recent survey conducted by Pollara Strategic Insights for BMO Harris Bank the following was provided outlining the typical U.S. homebuyer. Keep in mind the profile of a homebuyer is anything but typical and buying a home is a financial rite of passage. 
 
  • 58% of current homeowners bought their first home before they turned 30.
  • 74% of 18-34 year olds say they will buy a home in the next 5 years.
  • 63% of homeowners have owned one or two homes.

Motivations for home purchases include making a good investment, it’s a good time to buy and buying in a good neighborhood.

Emotional motivations for buying a home include being able to call somewhere my own, it gives them more stability and certainty and feeling like part of a community.

Warmest Regards,

Kevin Aizenshtat
Realtor
 
 
 

LET’S CONNECT

We work diligently to offer the highest level of top notch service with integrity. Discover Naples luxury real estate with premier realty firm, Gulf Coast International Properties.

Contact Us