Thursday, January 26, 2012

The Numbers Game in Real Estate

Here are some Real Estate Numbers that don't get much press.....

Numbers
11 - The percentage of the median down payment on a house nationwide

12 - The number of weeks for a typical home search

12 - The average number of homes each buyer visits

66.9% - Homeownership rate (down 3 full points from 5 years ago)

50%+ - Percentage of people who consider buying a foreclosure but don't

53 - The average age of a typical home seller

30 - The median age of a first time homebuyer

18 billion - The amount of money spent by federal government on housing bailouts

82 billion - Amount of residential sales nationwide to international buyers from 4/1/10-3/31/11 (up from $66 billion the previous year)

 

You can get a lot more information and detail at www.retrends.com

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