Who is buying homes in today's market?Minneapolis, MN: One thing we know about real estate. It's forever changing, and always local. Here are a few notable items from a recent survey from the National Association of REALTORS®At the moment, we are seeing two very distinct buyers. Buyers with higher incomes remain in the market. First time home buyers Of course these are not the only people. Just the biggest percentages, so don't count yourself out if you don't fit one of those two crowds.The income of home buyers has increased 22% since last year, reflecting that ability of buyers with higher incomes to be less affected than others, and still buying homes. A recent client of mine said "I'm not happy with rates, and prices, but I can afford it."Medium household income of buyers th...
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