Excerpt from: Eastern CT Real Estate
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| June 16, 2006 | | 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. | | | |
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