- Today's buyers have a median age of 40, are married or living with a partner (70 percent), earn a median income of $87,500 annually and are overwhelmingly Caucasian/white (73 percent).
- The typical home purchased has 3 bedrooms and 2…
Low inventory, high demand - don't wait for 2018
As we head towards the end of 2017, the housing market is fast-paced and prices are rising. Finding an affordable home for the first-time buyer in their desired location is becoming more and more difficult.
Our local area has a low inventory level so buyers are having to be patient, ingenuity and recruit the help of online tools, trusted Realtors and family and friends, as fewer people are moving today than at any point in recent history.
According to the Zillow consumer housing trends report 2017;