Each year the National Association of Realtors does a study of home buyers and sellers. They ask home buyers and sellers across the country why they bought or sold, how they made decision and who they are. Here are just a few of things they found out:

WHAT SELLS

The typical home purchased was 1,780 sq ft, was built in 1990, and had three bedrooms and two bathrooms, according to NAR’s 2010 survey of buyers and sellers.

APPEALING TO BUYERS

44% of sellers offered incentives, like home warranties and help with closing costs, to attract buyers, according to NAR’s 2010 survey of buyers and sellers.

THE PRICE IS RIGHT

Recent sellers typically sold their homes for 96% of the listing price; 57% reduced the asking price at least once, says NAR’s 2010 survey of buyers and sellers.

GENDER GAP

There are more single female buyers than single males. But single male buyers grew by 2 percentage points between 2009 and 2010; single female buyers.

COST OF LIVING

The median price buyers paid for homes was $179,000, according to the latest NAR survey of buyers and sellers.

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Starts: 6/2/2012 12:00:00 PM
Ends: 6/2/2012 2:00:00 PM
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Escape to your own private 7 acres with long circular driveway adding to the serenity of this wonderful home. Relax with a good book on the farmer’s porch or sit out back by the coy pond and enjoy the summer in this tranquil setting. Touched by tradition with large rooms this home has spacious kitchen with snack bar and adjoining dining room, full length living room with stone fireplace, 3 bedrooms with 2 additional rooms over garage which make huge family room or bedrooms. Many extras.

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