Excerpt from:  Eastern CT Real Estate
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June 16, 2006

Typical Home Buyer in the Northeast

40% of Home Buyers are purchasing for the first time
RE/MAX of New England conducted regional consumer research. Here is what they found:   The typical home buyer in the Northeast is Age 39, married and from a two-income household with a median income of $72,400  40% of home buyers are purchasing for the first time and are an average age of 32.  10% of first home buyers are under the age of 25, 50% are between 25-35.  Their average income is $54,500.
by Linda Davis
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