NAR Profile of Home Buyers and Sellers: The Home Search Process | Pound Ridge Real Estate

NAR Profile of Home Buyers and Sellers: The Home Search Process

On July 6, 2012, in Uncategorized, by T.J. Doyle, Marketing & Communications Manager

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• For 35 percent of home buyers, the first step in the home buying process was looking online for properties.
• Ten percent of home buyers first looked online for information about the home buying process.
• The use of the Internet in the home search dipped slightly to 88 percent from a high of 90 percent in 2009 as the demographics of home buyers shifted to slightly older repeat buyers from younger first-time buyers.
• Real estate agents were viewed as a useful information source by 98 percent of buyers who used an agent while searching for a home.
• The typical home buyer searched for 12 weeks and viewed 12 homes.
• Nine in ten recent buyers were satisfied with the home buying process.
• For more information from the annual Profile of Home Buyers and Sellers, click here >