- The most important reasons repeat buyers' purchase a home is the desire for a larger (15%) home and a job-related relocation or move (12%).
- Seventy-nine percent of repeat buyers purchased a single family home; 7% purchased a townhouse.
- A majority of repeat buyers used a real estate agent (83%).
- The median household income for repeat buyers is $87,000; the median age is 49.
- For more detailed information and a downloadable PowerPoint presentation on the 2010 Profile of Home Buyers and Sellers, go here: http://realtors.org/research/research/home_buyers_sellers_maps