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Real Estate Tips
Buyers Remorse >First Time Buyers

People who are selling their homes should know something about the market group from which their buyers are likely to appear. Many homes are perfect for a first-time buyer. First-time buyers are making a major purchase they have never attempted before, and may be unusually subject to the inevitable stress and anxiety that goes with buying a home.

First-time home buyers are usually younger (between 25 and 34 years of age) and have distinct buying patterns. First-timers are often looking for homes that are smaller, and perhaps older, than repeat buyers. The median home size for first-time buyers is about 1450 square feet. Approximately four in ten first-timers will buy homes built before 1960, compared to two in ten repeat buyers.

First-time buyers are in the process of developing a clearly defined sense of what they want in a house. They may not have enough money to buy their ultimate dream home at first, but seventy-four percent say they like their new home better than their previous residence.

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Real Estate Trivia
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What building has been named the 21st Century Townhouse project?

A 
4 townhouse in Bowie, MD made of giant foam/board panels, concrete/styrofoam block frames, steel, and aerated concrete.
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Steve Koffman, REALTOR®, real estate agent and broker for Fort Myers and Cape Coral, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve Koffman & Associates
Century 21 Sunbelt, Inc.

506 SW 47th Terrace
Cape Coral, FL 33914
Toll Free: 800-742-5169, ext 132
Local Phone: 239-443-2463
Fax: 239-443-2486
Email: Koffman@NUMBER1EXPERT.com

Steve Koffman & Associates is the top Century 21 Team in Florida. Steve Koffman, broker/realtor, has 15 years of experience in Cape Coral and Lee County. Century 21 Sunbelt is the top brokerage in America. The team of Steve Koffman & Associates consists of 30 real estate professionals, each very successful and experienced in all aspects of real estate. The team has built its success on satisfied and repeat customers.

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