Friday, March 16, 2012

Industry Facts

Here are a few nationwide industry facts:

The typical home purchased:
- Is 1,900 Square Feet
- Has 3 bedrooms & 2 bathrooms
- Was on the market for 9 weeks

In 2012, Rent is expected to increase by 3%, while existing home sales are projected to increase by 4% - 5%.

- 87% of all buyers financed their home
- 82% of repeat buyers financed their home
- 95% of first-time buyers financed their home
- First-time buyers pay an average of 5% downpayment
- Repeat buyers pay an average of 15% downpayment
- A typical first-time buyers mortgage payment is $794
- A typical repeat buyers mortgage payment is $1,006


Ken Keegan Real Estate Broker

(910) 523-0903 mobile

Email Me

www.KenKeegan.com

Click here for more information on Brunswick, County Real Estate

St. James Plantation

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