Posts

Showing posts from May, 2017

Who buys Real Estate in Florida will surprise you.

Image
If you ever wondered who buys real estate in Florida, here are some interesting facts from the 2016 Profile of Home Buyers and Sellers Florida Report and we found some interesting facts First-time buyers made up 35 percent of all home buyers, an increase over last year’s near all-time low of 32 percent. In Florida, 22 percent were first-time buyers.  The typical buyer was 44 years old again for the third straight year in a row, and the median household income for 2015 rose again this year to $88,500. In Florida, buyers were 55 years old and have a median income of $83,900.  Sixty-six percent of recent buyers were married couples, 17 percent were single females, seven percent were single males, and eight percent were unmarried couples. In Florida, 68 percent were married couples, 14 percent were single females, nine percent were single males, and eight percent were unmarried couples.  Eleven percent of home buyers purchased a multi-generational home, to take care of aging par