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Home Purchases by Married Couples with Children

April 29th, 2016 | Home Purchase

Families with Children

Married Couples with Children
 

The National Association of Realtors (NAR) 2015 Homebuyer Demographics has released their overview of homeowners with children.

Here's the breakdown:

Average age of parents - 36

Average Gross Income of Household - $100,000

27 percent are first-time homebuyers

Reason for home purchase  - Better area, closer to schools, job relocation, larger home & desire to own a home

Types of homes purchased - 92 percent single family residences, 3 percent townhomes, one percent condominiums  & 4 percent other home types

 

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