Make Your Homeownership Dreams Come True!

  • Ryan Smith
  • 29 December, 2021

Did you know tomorrow is Make Your Dream Come True Day? Maybe you’ve been dreaming of a new home and just haven’t felt like the time was right.

Perhaps your dream is to sell your current home because it just doesn’t meet your needs at this time.

Whatever you are dreaming about in the realm of home, we can help!

Are you renting, but dreaming of buying that first home? First-time buyers in 2021 made up 34% of all home buyers, which was an increase over just 31% the previous year. The typical first-time buyer in 2021 was 33 years old and the typical repeat-buyer was 56 years old.

Maybe you’re dreaming of a space where multiple generations of your family can live together. 11% of home buyers purchased a multi-generational home in 2021 to take care of aging parents, or for children over the age of 18 to move back in. Some said this move was a cost-saving measure as well.

Perhaps you are a veteran or an active-duty service member. 17% of recent home buyers fell into one of these two categories. Did you know Coldwell Banker Wallace has programs in place that provide benefits for veterans and members of the military and their families when you sell or purchase a home?

Thinking of selling a home? The most common reason consumers gave for selling in 2021 was to move closer to friends and family (18%), with a close second of the home being to small (17%). 90% of home sellers worked with a real estate agent to sell their home in 2021.

What’s more, homes sold with the assistance of an agent brought a higher sales price (median $318,000) as compared to FSBOs, which sold at a median of $260,000 last year.

So no matter what your unique situation might be, there’s a solution to make your dreams come true!

*All stats via 2021 NAR Profile of Home Buyers & Sellers.

Originally published on Coldwell Banker Wallace

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