Are homebuyers any different today than they were five years ago?  Here’s a comparison of some findings from the Profile of Texas Homebuyers and Sellers.

This information was first published in the April 2011 Issue of Texas Realtor® Magazine

2010    2005

Percentage of buyers with 100% financing
15%    34%

Median purchase price per square foot
$83     $74

Information sources used in home search

Internet
90%    78%

Real estate agent
89%    87%

Yard sign
54%    71%

Where buyers found the homes they purchased

Internet
37%    25%

Real estate agent
31%    32%

Yard sign
11%    17%

How buyer found real estate agent

Referred by friend,
neighbor, or relative
46%    41%

Web site
12%      6%

What buyers want most from real estate professionals

Help finding the right home
48%    45%

Help with negotiations
14%    14%

Help determining how
much buyer can afford

3%     12%

Help finding financing

3%       9%

 

 

 

 

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