Michigan home buying statistics from real estate agent

Michigan First Time Home Buyer Statistics

Hi my name is Bob Jakowinicz Realtor in Livonia Michigan.  If your looking to buy a house in the near future please don't hesitate to call or email anytime.  
Here are some interesting statistics regarding first time home buyers around the country.

 *  First time Home Buyers are responsible for approx. 40% of all home purchases.  That's right you are very important and usually the current pulse of the Michigan Real Estate Market.

   *  75%lived in an apartment home in a rental situation, while approx. 18% lived with parents.

   *  Approx 50% are married couples, while approx. 11% unmarried couples

   *  Approx 25% are single female home buyers compared with 11% single male home buyers.

  *  Information used by First Time Home Buyers were:
     

                 87% used the Internet to gather information
49% used newspaper ads
44% open houses
30% used home book or magazine
29% found they home they purchased on the Internet;
56% did a virtual tour on-line
9% TV

The above information is gathered from The National Association of Realtors