Getting to know the average homebuyer

October 31, 2014

A survey conducted by Pollara for BMO Harris Bank found that American homebuyers visit an average of 10 homes before making a purchase.


Moreover, a little more than half spend up to six months searching, Florida Realtors reports. The study also indicated that 52 percent of today’s current buyers believe they’ll find their dream home in their price range, but 48 percent say it’s impossible. Around 70 percent will settle for something less than perfect. Still, buyers believe in the American Dream, with 77 percent of homebuyers saying they’ll know immediately if they’ve found their ideal house.


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