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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
Q 
What real estate board game became the best-selling game in America just one year after it was created?

A 
Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies.
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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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