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Buyers Remorse >First Time Buyers
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.
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What economic factor can make the purchase of a home an excellent long-term investment?
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Home price appreciation can result in a substantial return on the buyer's investment as a house increases in value over time. |
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Baumgartner and Weir Team Century 21 Bradley Realty Inc. 6718 East State Blvd. Fort Wayne, IN 46815 Office: 260-486-6800 Judy's Cell: 260-403-1523 Clay's Cell: 260-433-7616 Toll-Free: 877-436-6800 Fax: 260-486-6000 BaumgartnerWeir@NUMBER1EXPERT.com
You Are #1 With Us!
The Baumgartner & Weir Team have pooled our strengths in real estate and office management to create a synergistic team with a full-time licensed media coordinator, Tammy McCoy, and a full-time licensed closing coordinator, Christi Roach.
The entire team has built upon the values of hard work, responsiveness, dedication and perseverance. We strive to handle all aspects of a client's home sale or purchase, leaving clients to focus on other important aspects of their relocation. We also embrace change and make it part of our ongoing strategy for growth.
We strive to be the best at what we do, now and in the future, we will continue to enjoy change, adapt to it and maintain client satisfaction. 

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