Profile of Home Buyers & Sellers
The following is the 2009 Profile of Home Buyers and Sellers from the National Association of Realtors. It is a compilation of the results of 9,138 surveys of buyers and sellers who sold or purchased a home between July 2008 and June 2009. I will be more interested in seeing the July 2009 and forward to better reflect our current Chattanooga market.
47% of buyers were first time buyers.
The median age of all buyers was 39.
83% of all first time buyers are under the age 44.
62% of all buyers are under age 44.