David’s Real Estate Blog
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   age was 31.

• The 2006 median household income of home buyers was $70000 compared to $74,000 among

   all home buyers nationally.

• Sixty-five percent of home buyers reported that there were no children under age 18

   residing in the home.

• Fifty-nine percent of home buyers were married couples, 21 percent single females, 11

   percent single males, and 7 percent were unmarried couples.

• Six percent of home buyers reported they were born outside the United States,

  compared to 9 percent nationally.

• First-time home buyers accounted for 45 percent of homes purchased in 2007.

• Fifty-five percent of first-time home buyers were between 25 and 34 years old.

• The median income of first-time home buyers was $57800 compared to $58,600 among

  all first-time buyers nationally.

• Sixty-eight percent of home buyers between 18 and 24 purchased a home because of

  their desire to own a home of their own and establish a household.

• Twenty-seven percent of home buyers reported using social networking Web sites, such

  as, MySpace, Facebook, LinkedIn, and Friendster. Among home buyers aged 18 to 24, 45

  percent reported using social networking sites.