The 2013 Profile of Buyers and Sellers Report
The Profile of 2013 Home Buyers and Sellers Report provides information on current buying habits of home buyers.
· The typical home purchased was 1900 square feet in size and was built in 1992 and had three bedrooms and two baths.
· When considering the purchase of a home, heating and cooling costs were at least somewhat important to 85 percent of buyers and commuting costs were considered at least somewhat important by 73 percent of buyers.
· The typical home buyer searched for 12 weeks and viewed 10 homes. Sixty-six percent of recent home buyers were married couples—the highest share since 2001.
· For 42 percent of home buyers, the first step in the home-buying process was looking online for properties and 14 percent of home buyers first looked online for information about the home buying process.
· The use of the Internet in the home search rose slightly to 92 percent.
· The typical home buyer searched for 12 weeks and viewed 10 homes.
· Eighty-eight percent of buyers purchased their home through a real estate agent or broker—a share that has steadily increased from 69 percent in 2001.
What does this mean for you as a owner looking to sale your home in Germantown, TN? Have a conversation with your agent about what buyers are looking for in today's market. Not all updates and home improvements you make will get you 100% return on investment but it might just get your house sold quickly. Find your home value here.
Germanton, TN plans Holiday Tree Lighting and other holiday events.
Municipal Square is the spot for seasonal cheer as families and friends gather to sing carols, roast marshmallows and enjoy the much-anticipated lighting of the tree. Inside Municipal Center, revelers can visit Santa Claus and enjoy refreshments. No rain date. Mark it on your calendar.
Germantown, TN is a great place to own a home.
Based upon the 2012 Census Bureau, 88.8% percent of the population in Germantown owns a home. The median houehold income is $112,979. If you are ready to move to Germantown, TN, find your next home here.
Homes Sales In Germantown, TN continue to rise
Home Sales for Germantown in the month of October were up 19.6% from 2012. The total home sales in Germantown for October 2013 were 67 and the median sales prices was $236,000. The median sales prices for homes sold In Germantown decreased 16.5% from the $282,500 median sales price in October 2012. There were 4 home sales sold at $1,000,000 or above.
The year to date home sales in Germantown were 741, which is 21.3% up from the 2012 homes sold number of 611.
3 of the homes sales in Germantown in October were new construction. The Duntreath neighborhood had the most sales with 6 with the Grove Park neighborhodd having 5 sales.
Take a quick look at the Germantown homes for sale.
