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    Who Are Today’s Buyers & Sellers?

    The National Association of Realtors recently released its 2012 Profile of Home Buyers & Sellers. Here are some highlights:

    •  39% of buyers were first-time homeowners
    • The age of the typical buyer was 42
    • 90% of buyers used the internet to find a home; For buyers under 44 years of age, that figure rose to 96%
    • 89% of buyers used a real estate agent or broker (up from 69% in 2001)
    • Most homeowners are staying in their homes for 9 years (up from 6 years in 2007)
    • 46% of sellers moved up to a larger, higher-priced home
    • 62% of sellers purchased a newer home
    • 65% of buyers and 76% of sellers were married couples