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Real Estate Tips
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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Real Estate Trivia
Q 
Who is considered the world's most renowned living architect?

A 
I.M. Pei who retired in 1991; he earned this status after designing the glass pyramid entrance pavilion to the Louvre in Paris (1989).
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Susan Eidler

Susan Eidler
Desert Dreaming Realty, Inc.

78365 HWY 111, #166
La Quinta, CA 92253
Direct: 760-341-3172
Fax: 775-855-9541
Email: susan@DesertDreamingRealty.com

Any real estate professional in today's world must be tech-equipped, have a depth of knowledge about values and cycles and most importantly be a smart marketer. Be capable of creating a demand for your home if selling, and able to find the very best value for you when you are buying. Real Estate License # 01224568 CA




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