Oh Boy! It’s a New Year… We Get to Start Over – WHEW

And aren’t you glad.   We’re all hoping for a better year than last.  I found these interesting real estate statistics.  You can really see why newspapers are struggling – a lot of people don’t even read them anymore!

1999: 37% of buyers searched for a home online. 2009: 90% of buyers searched for a home online.

1999: median home value is $137,600. 2009: median home value is $172,600 (but not that some reports reflect that when accounting for inflation, the value hasn’t changed at all this decade).

1999: 82% of buyers purchased detached, single family homes. 2009: 78% of buyers purchased detached, single family homes.

1999: 46% of buyers choose suburban neighborhoods. 2009: 54% of buyers choose suburban neighborhoods.

1999: 68% of buyers were married couples. 2009: 60% of buyers are married couples.

1999 and 2009: the median age for buyers was 39.

1999 and 2009: “neighborhood quality, affordability, and convenience to work and school have consistently been top priorities.”

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