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Highlights From the 2020 Profile of Home Buyers and Sellers

Source: NAR

For most home buyers, the purchase of real estate is one of the largest financial transactions they will make. Buyers purchase a home not only for the desire to own a home of their own, but also because of changes in jobs, family situations, and the need for a smaller or larger living area. This annual survey conducted by the NATIONAL ASSOCIATION OF REALTORS® of recent home buyers.

This report examines:

  • Characteristics of Home Buyers

  • Characteristics of Homes Purchased

  • The Home Search Process

  • Home Buying and Real Estate Professionals

  • Financing the Home Purchase

  • Home Sellers and Their Selling Experience

  • Home Selling and Real Estate Professionals

  • For Sale by Owner (FSBO) Sellers

  • Home Buyers Before and During COVID-19

  • Home Sellers Before and During COVID-19


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