Who's Buying Homes These Days?

To some people, statistics are just confusing. To others, it's a way of life.

While I fall somewhere in-between, it is mportant for me to keep track of who's buying and who's selling so I know where to focus my time and resources. It's also interesting information, even for the casual reader with an interest in the local real estate market.

Below are the recent homebuyer trends, as reported by Realtor.com.

• Average homebuyer searches 12 weeks and looks at 12 homes before making a decision.

• 47% of recent purchases were by 1st-time homebuyers, with 53% being from repeat buyers.

• 90% of homebuyers used internet to search for homes, often times even driving by selected properties, before contacting a professional to help.

If you're currently shopping for homes online, please continue to visit our Athens, GA real estate site. There's a link to ALL the homes currently on the market in the Athens-area, and tons of other valuable resources for buyers.