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The following information takes a look at the differences in Buyers and Sellers of different Generations: reasons for buying and selling, the percentage of market share they represent, and type and location of home they buy.
(1965 - 1979)
(1955 - 1964)
(1946 - 1954)
(1925 - 1944)
|13% had a distressed sale in the past.||18% of recent Home Buyers.||14% of recent Home Buyers.||6% of recent Home Buyers.|
|15% bought a multi-generational home.||20% bought a multi-generational home.||15% buy due to retirement.||12% bought a duplex, apartment or condo.|
|16% bought a new home for green or energy-efficient features.||20 median years they expect to live in their home.||17% purchased Senior-related housing.||25% buy to be closer to family, friends or relatives.|
|55% bought in a suburb or subdivision.||87% would probably or definitely use their Agent again or recommend to others.||30 median miles between new and previous home.||28% purchased Senior-related housing.|