Tuesday, May 15, 2007

5 Facts about Today's Sellers (real estate)

1. Smaller isn't better. Half of sellers traded up to a larger home: those 55 and older were more likely to buy smaller homes, however.
2. They still love us (real estate agents). 84% of sellers used a Realtor, and FSBOS sales declined by 6% during the last decade.
3. Time Means Business. Sellers who had little urgency in selling a home were 2% more likely to sell the home themselves.
4. It's a repeat business. 87% of sellers had owned at least two other homes: average tenure in a home for todays' sellers was six years.
5. Home turf is still home turf. Sellers moved a median of 17 miles after selling a home.

The source for these figures are 2006 National Association of Realtors Profile of HOme Buyers and Sellers. The Eisenlauer Team would love to be your favorite REALTORS. We'd love to be your source for information too. If you have questions about real estate, the local market or interest rates etc., give us a call, or email.

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