13 INTERESTING REAL ESTATE FACTS

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INTERESTING REAL ESTATE FACTS
Sometimes you need to know about mortgages,
insurance and taxes. And sometimes you just want
the fun facts to liven yourself up. So for no
other reason than its just kind of interesting,
here are 13 REAL ESTATE FACTS to entertain your
brain!
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of the Average American familys net worth is in
Home Equity.
61.4
A Homeowners net worth is over 30 Greater than
that of a Renter.
Historically, the Best Month of the Year to sell
is April. But sellers fare better in the Off
Months of Summer and Winter.
TGIF! The Best Day of the Week to List your Home
is Friday.
Odds are youre going to need some help in
Selling Homeowners have a 120 better chance
of selling their home when using REALTOR.
In 2013, NAR reports that the Median Age of
First Time Buyers was 31. On Average these
Buyers purchased a 1,670 square-foot Home
costing 170,000.
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The typical Repeat Buyer was 52 years old. On
average these Buyers purchased a 2,060-square
foot Home costing 240,000.
78
According to a NAR Community Preference Survey,
78 of respondents said that the Neighborhood is
more important to them than the Size of the Home.
57
57 said theyd give up a Home with a larger
yard if they could have a Shorter Commute.
NAR reports that 80 of Home Buyers believe
their Home is a good investment, 44 saying its
better than stocks.
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Buyers search for a time period of of 12 weeks
and visit 10 Homes before finalizing one of
their choice.
NAR reports that 80 of Home Buyers believe
their Home is a good investment, 44 saying its
better than stocks.
90 of Home Buyers financed their purchase.
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Data collected and presented by Keller Williams
Realty Memorial - Houston's real estate
technology leader since 1989. Visit our official
website at www.kwmemorial.com
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