Is Your First Home Now Within Your Grasp? Is Your First Home Now Within Your Grasp? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.
  • According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32.
  • More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now!

Home Buying and Real Estate Professionals
*Eighty-seven percent of buyers recently purchased their
home through a real estate agent or broker, and six percent
purchased directly from a builder or builder’s agent.
* Having an agent to help them find the right home was what
buyers wanted most when choosing an agent at 52 percent.
* Forty-one percent of buyers used an agent that was referred
to them by a friend, neighbor, or relative and 12 percent used
an agent that they had worked with in the past to buy or sell
a home.
* Sixty-eight percent of buyers interviewed only one real
estate agent during their home search.
* Ninety percent of buyers would use their agent again or
recommend their agent to others.

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