Over the 3 years, prospective buyers have grown into a more feminine audience: Women buyers have increased by 1 to 1.5% in the main national markets from Boston to San Francisco.
The median age is 50, for a median income of $57,300. 39% of them are first-time buyers. 87% are buyers of previously-owner homes. 90% bought through an agent and the median home price is $169,100 for an average of 1600 sqft. What does it mean? They are more into single-family homes rather than apartments. They don’t seem to need as much as up-key condos. Read the rest of this entry »