Purchasing Foreclosed Homes – Survey shows buyers of foreclosed houses are looking to ‘trade up’ – Frederick News-Post

Posted on December 21, 2009
Filed Under Foreclosed Homes | Comments Off

Survey shows buyers of foreclosed houses are looking to ‘trade up’ – Frederick News-Post
Fifty-seven percent of renters surveyed said they were somewhat likely to buy a foreclosed home, especially those ages 35 to 44 (65 percent) and those ages 18 to 34 (61 percent). Older renters, ages 45 and older, are less likely to purchase a
Source: www.fredericknewspost.com

Home buyers likely to buy foreclosed home are under 55 and single – TCPalm
The most likely buyer of a foreclosed home is single, currently renting, under age 55 and not living in the Midwest, data released Tuesday from an ongoing online survey shows. The survey of adults 18 and older was conducted Nov. 5 to Nov. 9 by Harris
Source: www.tcpalm.com

New Survey From Trulia and RealtyTrac Shows Investors, Trade-Up Buyers – Yahoo Finance
Additionally, younger adult renters are significantly more likely to purchase a foreclosed home : 61 percent of renters ages 18-34 and 65 percent of renters between the ages of 35-44 are at least somewhat likely to consider purchasing a foreclosure
Source: biz.yahoo.com

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