Aloha Paradise Realty Inc. (808)676-3400

þ        40% of homebuyers were first-time purchasers

 þ        The median age of buyers was 40 years

 þ        Most buyers were married with no children residing in the home

 þ        The median income for all buyer-households was $66,300; among first

            time buyers, the median income was $54,800

 þ        28% of buyers purchased a new home

 þ        Roughly 1 in 10 recently purchased second homes was in a resort or

            recreation area

 þ        The typical buyer walked through 10 homes & searched 8 weeks

before finding the home they ultimately purchased

 þ        86% of buyers used a real estate agent during their search

 þ        75% of buyers bought their home with the assistance of an agent

 þ        42% of buyers used the Internet frequently as part of their search    

þ        89% of homebuyers who used a real estate professional would

definitely use an agent again

 þ        93% of buyers obtained a mortgage to finance their purchase

Information taken from the 2003 National Association of Realtors®

Profile of Home Buyers and Sellers

Back to Buyers Page

Number of Visitors to this Page