Every year since 2001, the National Association of REALTORS® conducts a survey of consumers who purchase and/or sell a home. The results for the most recent survey (for the period of 7/1/07-6/30/08) which included an 8-page questionnaire mailed to 133,000 consumers have just been released.
All kinds of important information is gathered and summarized in the survey. Price of homes purchased, age of buyers, household incomes, even how buyers value heating and cooling costs and energy efficiency are all included. But, I want to focus on a small bit of information that is always helpful to my clients and may be helpful to you. (more…)