Home Buyer Households: Valentine’s Day 2019

Home Buyer Households: Valentine’s Day 2019

Using data from the 2018 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices.

  • Among all recent home buyers, 63 percent were married couples, 18 percent were single females, nine percent were single males, and eight percent were unmarried couples.
  • Four percent of recent buyers identified as gay or lesbian, and one percent identified as bisexual.
  • Among first-time buyers, 54 percent were married couples, and 67 percent of repeat buyers were married couples.
  • Among first-time buyers, 16 percent were unmarried couples, and five percent of repeat buyers were married couples.
  • Among all home buyers, 82 percent purchased a detached single-family home, eight percent purchased a townhouse/row house, four percent purchased an apartment or condo.
  • Eighty-seven percent of married couples, and 83 percent of unmarried couples purchased a detached single-family home.
  • Married couples were typically 45 years old with a household income of $106,300. They typically purchased a home that was a median of 2,070 sq. ft., for $289,000.
  • Unmarried couples were typically 34 years old with a household income of $88,800. They typically purchased a home that was a median of 1,630 sq. ft., for $219,000.
  • Single females were typically 54 years old with a household income of $61,400. They typically purchased a home that was a median of 1,550 sq. ft., for $189,000.
  • Single males were typically 52 years old with a household income of $73,200. They typically purchased homes that were a median of 1,590 sq. ft., for $215,000.
  • Fifteen percent of all buyers were influenced to choose their neighborhood based on the convenience to a vet or outdoor space for their pet. 20 percent of unmarried couples chose their neighborhood based on the convenience to a vet or outdoor space for their pet.

For more information on how relationship status and household composition affects homeownership choices, check out the 2018 Profile of Home Buyers and Sellers and the Valentine’s Day infographic.

Home Buyer Households: Valentine’s Day 2019

Home Buyer Households: Valentine’s Day 2018

Using data from the 2017 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices.

  • Among all recent home buyers, 65 percent were married couples, 18 percent were single females, eight percent were unmarried couples, and seven percent were single males.
  • Three percent of recent buyers identified as gay or lesbian, and one percent identified as bisexual.
  • Among first-time buyers, 57 percent were married couples, and 69 percent of repeat buyers were married couples.
  • Among all home buyers, 83 percent purchased a detached single-family home, seven percent purchased a townhouse/row house, four percent purchased an apartment or condo.
  • Eighty-seven percent of married couples, and 84 percent of unmarried couples purchased a detached single-family home.
  • Married couple buyers were typically 44 years old with a household income of $101,500. They typically purchased a home that was a median of 2,050 sq. ft., for $269,000.
  • Unmarried couple buyers were typically 34 years old with a household income of $84,100. They typically purchased a home that was a median of 1,680 sq. ft., for $201,000.
  • Single female buyers were typically 52 years old with a household income of $62,300. They typically purchased a home that was a median of 1,530 sq. ft., for $185,000.
  • Single male buyers were typically 51 years old with a household income of $74,000. They typically purchased homes that were a median of 1,530 sq. ft., for $175,200.

home buyer demographics

For more information on how relationship status and household composition affects homeownership choices, check out the 2017 Profile of Home Buyers and Sellers.

7 Ways to Add More Romance to a Home’s Decor

7 Ways to Add More Romance to a Home’s Decor

By Melissa Dittmann Tracey, REALTOR® Magazine

Love is in the air with Valentine’s Day this week. But a romantic flair to warm up your home design may very well be in style year-round.

In fact, one-third of homeowners say they intended to renovate their master bedrooms to create a more romantic or intimate space, according to a 2015 survey of more than 1,500 homeowners conducted by Houzz, a remodeling website.

How do you achieve a more romantic style with your décor? Here are a few ideas.

1. Fluffy pillows

The more pillows on the bed, the better. Decorative pillows can add a softness to a room. Read tips from stager Audra Slinkey from the Home Staging Resource: How to Use Pillows in Staging

 

2. A lush Rug
A faux sheepskin rug under the bed may add a touch of luster to the flooring.

 

3. Whites and pastels
Softer colors can add a more romantic vibe. Pristine white mixed with soft pastels may add warmth to a bedroom. Try whites or pastel bedding and accessories up against a slightly darker wall color for just the right contrast.

 

4. Fireplace
Illuminate a space with the glows from a fireplace or candles.

 

5. Flowers
Fresh flowers can spruce up any room in the house–and as an added bonus they often bring a pleasant scent too. Even small bouquets can still make a statement.

 

6. Chandelier
Add in more glam in the bathroom with a crystal chandelier that can reflect the light and bring a little sparkle.

 

7. Intimate outdoor spaces
You can get romantic with your landscaping outside too. Set a scene with a small table and chair set, greenery surrounding, and strung lights to create a cozy spot to unwind or dine.