The primary reason buyers purchased a home in 2017 was for the sense of ownership. While some traded up or down, many purchased simply for the sake of owning their own home. In fact, 34 percent of those who bought in 2017 were first time homebuyers.
For men, the desire to own a home is related to a sense of pride. Whereas for women, the desire is directly linked to happiness. That being said, 8 percent of those who bought were unmarried couples, 7 percent were single males, 18 percent were single females, and 65 percent were married couples.
The average age of the 2017 buyer was 45, telling us that though many were first time homebuyers, we still aren't seeing a surge in Millennial buyers just yet.
18 percent of buyers were veterans and 3 percent were active service members.
Author:Kurt Galitski Phone: 714-957-6677 Dated: February 12th 2018 Views: 91 About Kurt: After 15 years of founding and running a successful boutique real estate office in Costa Mesa as a l...
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With seven consecutive years of five-star status in Orange Coast Magazine, The Kurt Real Estate Group is among the elite. No matter where they’ve gone, they’ve set record sales. Whether you’re a buyer, seller, or investor, Kurt and his team work diligently, honestly, and with the utmost professionalism and are passionate about helping you achieve your real estate goals.
Kurt is ranked among the top two percent of Coldwell Banker agents nationwide. Kurt’s experience investing in and flipping homes and his connections with the Hollywood Film Industry give him an unparalleled edge and keen insight into market trends. The opportunity presented to you in working with Kurt is why The Kurt Real Estate Group is recognized as one of the top real estate teams in Orange County.
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"My family recently worked with The Kurt Real Estate Group in the marketing and sale of our family home in Costa Mesa. We interviewed 14 firms and ultimately selected Kurt and his team based on the quality and professionalism of his group and their out-of-the-box approach to marketing our home. Kurt was always available for a call and provided us with regular, thorough updates, making what can be a challenging process an enjoyable experience. Kurt had to navigate...Read more on Yelp"