Monday, December 10, 2012

Monday Morning Coffee

Market News:
The National Association of Realtors (NAR) has completed it's 2012 survey of the typical home buyer and seller. They compiled a profile of who was buying and selling over the past year.
Here are some of the highlights:

  • 65% of recent home buyers were married couples - the highest share since 2001. Conversely there was the lowest share of single buyers since 2001.  
  • For 52% of home buyers, the first step in the home buying process was taken online.
  • 89% of buyers purchased their home through a real estate agent or broker, similar to last year's report - a share that steadily increased from 69% in 2001.
  • 88% of sellers were assisted by a real estate agent when selling their home. 
  • Approximately 2/3 of home sellers only contacted one agent before selecting the one to assist with their home sale.


Holiday Fun:
One of my favorite parts about the holidays are the Christmas lights. Ever since I was a little girl we would drive around various neighborhoods to check out all of the lights and decorations. The newer trend of synchronizing lights with a song is fun to watch too!
MSN.com just posted Gangnam song light show which is pretty cool!

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