People who are selling their homes should know something about the market group from which their buyers are likely to appear. Many homes are perfect for a first-time buyer. First-time buyers are making a major purchase they have never attempted before, and may be unusually subject to the inevitable stress and anxiety that goes with buying a home.

First-time home buyers are usually younger (between 25 and 34 years of age) and have distinct buying patterns. First-timers are often looking for homes that are smaller, and perhaps older, than repeat buyers. The median home size for first-time buyers is about 1450 square feet. Approximately four in ten first-timers will buy homes built before 1960, compared to two in ten repeat buyers.

First-time buyers are in the process of developing a clearly defined sense of what they want in a house. They may not have enough money to buy their ultimate dream home at first, but seventy-four percent say they like their new home better than their previous residence.

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Joe Piscitelli
Coldwell Banker
171 N. Broad Street
Milford, CT 06460
203-982-3511
Fax: 203-783-1828
ct-waterfront-realestate@NUMBER1EXPERT.com

As one of America's NUMBER1EXPERTS™ on the shoreline area of Branford, Guilford, Madison and Milford, Joe has listed and sold more upper tier, unique and waterfront homes, then any agent on the shoreline. His love for the waterfront developed over fifteen years ago, when he began swimming in Long Island Sound every day at dawn, year round. A morning habit that continually refreshes Joe’s deep connection to this dynamic and wonderful area, it is a daily reminder of his great good fortune in living within and representing one of the loveliest areas on the East Coast. With many miles of beaches, coves, rivers, outlets, rock outcroppings and abundant wildlife, this “boater's paradise” offers just about every dream location imaginable. In the forefront of the real estate market in this area, Joe is often the first person notified of upcoming properties, and his clients benefit, an extremely important asset for potential buyers or sellers. Today's technological world moves rapidly, and there, again, Joe is the NUMBER1EXPERT, superlatively equipped to handle all of your real estate needs. Call or e-mail him today!

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