News & Blog

Market updates from The North Eastern Group and North Eastern Group Realty

Aug 06
North Eastern Group Realty

16 Million new housing units will be needed in the next decade to accommodate population growth, immigration, the need to replace existing homes and demand for second homes.

 

90% of home buyers used the Internet to search for a home.

 

69% of consumers say now is a good time to buy a home.

 

Interest rates are at historic lows.

 

68% of home buyers are married couples, 17% are single females and 9% are single males.

 

In 2010, 50% of all home buyers were first time buyers, the highest percentage in 10 years.

 

Source: Buffini Real Real Estate report.

 

Follow the link to or site to find a ethical, professional, Fort Wayne Realtor.