Dale McNabb
Associate Broker
What's Your
Home Worth?
|
Buy urban areas and shun suburbs compared to repeat buyers |
| First Time |
Repeat |
|
| Suburb |
50% |
54% |
| Urban |
21% |
15% |
| Small Town |
17% |
18% |
| Resort |
1% |
5% |
| New Households Unmarried couples and roommates, many of them in entry-level service industries, including retail and dining, some still in school. Mix of new and long-term residence of the area, including the center city and inner-ring suburbs. Reasons for housing change Repeat buyers are typically on the hunt for more space or are typically are taking a new joy when they sell their home and by another. |
| More Space |
31% |
| New Job or Relocation |
13% |
| Less Space |
10% |
| Closer to Joy |
9% |
| Retirement | 6% |
Information provided by the September Issue of Realtor Magazine |
