Age of Home Buyers

The typical home buyer for the United States and the West region have something in common, the average age is 39 years old. The highest percentage of buyers in the U.S. is in the 25-34 year range. See the chart below about buyers who purchased a home in 2007





AGE
All Buyers
The West Including Colorado

18-24
5%
5%

25-34
30%
31%

35-44
24%
25%

45-54
19%
18%

55-64
15%
13%

65-74
5%
6%

75 +
2%
2%

Median Age
39 Y.O.
39 Y.O.



Information Provided by the National Association of Realtors in 2007



Comments

Post a Comment

Popular posts from this blog

Why Are So Many Trees Dying in Colorado?

Image
On a recent trip on I-70 to evaluate some land for a client, I was confronted with sad but beautiful image of red forests stretching for miles across the hills. The image of a red "evergreen" contrasting against the green scenery is mesmerizing at first until you take a closer look at red death destroying millions of trees in Colorado. Beetle epidemics across the western United States are becoming more obvious every season with entire landscapes turning red and brown as trees die. In northwest Colorado the beetle epidemics, triggered by extended drought in aging forests, are intensifying at an alarming rate, and there is little that can be done to stop them. Actions can be taken to protect high value areas such as ski areas, developed campgrounds and trees in people’s yards. Hastening Death: Pine beetles carry a fungus on their body and legs. Once they enter the tree, the fungus multiplies and spreads. This blue stain fungus blocks the transport of water up the tree’s trunk ...
Read more

Estimated closing costs for buyers -buyers getting a conventional loan

CONVENTIONAL LOAN BUYER’S CHARGES 1. Purchase Price 2. Mortgage Title Policy 3. Miscellaneous Title Endorsements as Required by the New Lender (see title commitment) 4. Recording Fees 5. Tax Certificate 6. Doc Fee (.01 cent per $100 of sales price) 7. Insurance Reserve Account* 8. Tax Reserve Account 9. Premium for Hazard Insurance 10. Loan Origination Fee* 11. Survey* 12. Credit Report* 13. Appraisal Fee* 14. Interest on New Loan* . 15. Miscellaneous Loan Fees per New Lender* 16. Tax Service Fee* 17. Real Estate and Loan Closing Fees 18. Homeowners Dues, Fees, etc. *Amounts Determined by the New Lender. Note: All closing costs are negotiable but must be agreed to by all parties in the sales contract.
Read more

Now's the Time to buy that new clothes washer or watersense toilet

Denver Water to Reduce rebates on March 16 Beginning March 16, 2011, Denver Water will change its residential rebates for high-efficiency toilets and clothes washers. The utility will reduce the amount offered for toilet and clothes washer rebates by $50 each. The new rebate amounts will be $75 for qualifying toilets and $100 for qualifying clothes washers. "It was time for a change because the cost of these high-efficiency products has come down in recent years," said Melissa Elliott, manager of conservation. "As a result, Denver Water's rebates will cover a similar percentage of new product purchases. We want to give our customers a heads-up so they can make those purchases before March 16, 2011, if they want the current rebate amount." Customers should check details before making purchases. Not all toilets or clothes washers qualify for a rebate, but all " WaterSense " labeled toilets are covered. Visit  www.denverwater.org ...
Read more

10598 CHADSWORTH LANE HIGHLANDS RANCH, CO 80126

Single family home foreclosure in Highlands Ranch Property Address: 10598 CHADSWORTH LANE  HIGHLANDS RANCH, CO 80126   Subdivision: HIGHLANDS RANCH   Legal Description: LOT 6, HIGHLANDS RANCH FILING NO. 122-N, COUNTY OF DOUGLAS, STATE OF COLORADO   Loan Details Deed Of Trust Reception No.: 2004115944       Recorded: 11/12/2004    Type of Loan: CONV   Original Note Amount: $450,000.00  Outstanding Balance as of FC Filing: $355,326.24  Pre-Sale Information Election & Demand Reception No.: 2015023877     Recorded: 04/14/2015   Combined Notice Mailed: 04/20/2015  Cure Intent Due By: 07/21/2015  Original Scheduled Sale Date: 08/05/2015  Current Sale Date: 08/05/2015  Click for a report
Read more

Emergency Preparedness and "YOU" Are You Prepared?

Emergency Preparedness The Town of Parker's Emergency Operations Plan What can you do to Prepare? Emergency preparedness is everyone's job. Disasters of all kinds, ranging from floods to winter storms, can happen when least expected. It is important that each household be prepared before disaster strikes with a 72-hour Family Emergency Kit, so each family can be self-sufficient until relief arrives. Assembling the following items to create your own 72-hour Family Emergency Kit will be a great start in preparing your household for the new millennium. Such preparation will be valuable in potential emergencies that may affect our area such as blizzards, power outages, floods, tornadoes, or hazardous materials spills. You Must Be Ready To Act on Your Own The 72-Hour Emergency Kit should be individually tailored to meet the basic survival needs of your family for three days to a week. Most families prefer to store their emergency supplies in a location that is relatively safe, yet e...
Read more