In the 2015 Profile of Home Buyers and Sellers, for the first time recent buyers and sellers were asked the following in the questionnaire: “Are you or your spouse or partner currently: 1) an active-duty service member; 2) a veterans; or 3) neither.” Of all home buyers, 18 percent identified as veterans and three percent as active-military. Of all home sellers, 21 percent identified as veterans and one percent as active-military. Collecting the question allowed greater insight into how each population of buyers and sellers differs and is similar to those who have never served in the military.
18% of veterans were first-time home buyers and 38% for active-service military.
Detached single-family homes continue to be the most common home type for all recent buyer types. 19% of veterans bought new homes as did 21% of active-servicea military.
The primary reason for the home purchase for active-service military was a job relocation at 33%. Veterans were more likely to want to be closer to friends and family (14%) and retirement (11%).
85% of veterans and 86% of active-service military purchased their home through a real estate agent.
If you are in the market for a new home call me Sandra J Kahn 561-797-1600 Serving You as you have served Us.
Author:Victor DeFrisco Phone: 561-951-3759 Dated: May 9th 2016 Views: 62 About Victor: ...
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