Tuesday, November 20, 2012

Realty Times - 2012 Homebuyer Survey Contains Valuable Information

One of the most useful research projects of the National Association of Realtors® (NAR) is the annual survey of homebuyers and sellers. The most recent version (Profile of Home Buyers and Sellers 2012) became available in November of this year. The information is based on answers to a 120-question survey mailed to a random sample of 93,502 consumers who purchased a home between July 2011 and June 2012. (Names and addresses were provided by Experian, a company that maintains an extensive database of recent homebuyers that is derived from county records.) After accounting for undeliverable surveys, there was a 9.1 percent response rate.

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