People who are selling their homes should know something about the market group from which their buyers are likely to appear. Many homes are perfect for a first-time buyer. First-time buyers are making a major purchase they have never attempted before, and may be unusually subject to the inevitable stress and anxiety that goes with buying a home.

First-time home buyers are usually younger (between 25 and 34 years of age) and have distinct buying patterns. First-timers are often looking for homes that are smaller, and perhaps older, than repeat buyers. The median home size for first-time buyers is about 1450 square feet. Approximately four in ten first-timers will buy homes built before 1960, compared to two in ten repeat buyers.

First-time buyers are in the process of developing a clearly defined sense of what they want in a house. They may not have enough money to buy their ultimate dream home at first, but seventy-four percent say they like their new home better than their previous residence.

	See All Tips In The "Buyers Remorse" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Mike and Charisse Maloney
Keller Williams Properties
1625 N. Commerce 3Pkwy. Suite 105
Weston
FL, 33326
Cell: 954-448-9635
Fax: 954-827-2288
Email: mikemaloney12@verizon.net

www.MikeMaloneyHomes.net is brought to you by Mike and Charisse Maloney
NUMBER1EXPERT in real estate for Cooper City, Davie and Bradenton, Florida

Read Mike and Charisse Maloney's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge