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Jules Harper

Jules Harper, SFR
Associate Broker
The Four Walls Group
Keller Williams Realty Signature Partners
Office: 770-765-5005
Fax: 770-217-4080

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Real Estate News!!!

Latest Realty News from NAR

President’s Day 2019: How Does the White House Compare to the Average Home?

In the spirit of President’s Day we can use data from the 2018 Profile of Home Buyers and Sellers to see how the typical home differs from the White House.

Typical Home Purchased in the U.S.

  • 86% of buyers purchased a previously owned home, with 82% of buyers choosing a detached single-family home.
  • Looking by first-time and repeat buyers, both also purchased detached single-family homes more often with 80% of first-time buyers and 83% of repeat buyers.
  • 51% of all buyers purchased their home in a suburb/subdivision.
  • The typical detached single-family home purchased was 1,980 square feet.
  • Recent homes purchased also had a median of 3 bedrooms, 2 bathrooms, and were built in 1991.
  • Among all buyers, the expected length of tenure in the home purchased was 15 years.

The White House

  • The White House was built in 1792, and in comparison is located in an urban or central area.
  • The White House contains 6 levels, has 132 rooms, including 35 bathrooms.
  • It also includes features such as: a tennis court, jogging track, swimming pool, billiard room, movie theatre, and bowling alley.
  • While the median expected tenure in a home lasts around 15 years, in the White House the expected tenure is between 4 and 8 years.

 

For more information on this data check out the President’s Day Infographic and the 2018 Profile of Home Buyers and Sellers.

Home Buyer Households: Valentine’s Day 2019

Using data from the 2018 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices.

  • Among all recent home buyers, 63 percent were married couples, 18 percent were single females, nine percent were single males, and eight percent were unmarried couples.
  • Four percent of recent buyers identified as gay or lesbian, and one percent identified as bisexual.
  • Among first-time buyers, 54 percent were married couples, and 67 percent of repeat buyers were married couples.
  • Among first-time buyers, 16 percent were unmarried couples, and five percent of repeat buyers were married couples.
  • Among all home buyers, 82 percent purchased a detached single-family home, eight percent purchased a townhouse/row house, four percent purchased an apartment or condo.
  • Eighty-seven percent of married couples, and 83 percent of unmarried couples purchased a detached single-family home.
  • Married couples were typically 45 years old with a household income of $106,300. They typically purchased a home that was a median of 2,070 sq. ft., for $289,000.
  • Unmarried couples were typically 34 years old with a household income of $88,800. They typically purchased a home that was a median of 1,630 sq. ft., for $219,000.
  • Single females were typically 54 years old with a household income of $61,400. They typically purchased a home that was a median of 1,550 sq. ft., for $189,000.
  • Single males were typically 52 years old with a household income of $73,200. They typically purchased homes that were a median of 1,590 sq. ft., for $215,000.
  • Fifteen percent of all buyers were influenced to choose their neighborhood based on the convenience to a vet or outdoor space for their pet. 20 percent of unmarried couples chose their neighborhood based on the convenience to a vet or outdoor space for their pet.

For more information on how relationship status and household composition affects homeownership choices, check out the 2018 Profile of Home Buyers and Sellers and the Valentine’s Day infographic.


Jules Harper, SFR
Associate Broker
The Four Walls Group
Keller Williams Realty Signature Partners
Office: (770) 765-5005
Fax: (770) 217-4080

Testimonials Page

Dear Jules,

After completing the process of selling our home, I felt compelled to write this letter to let you know how impressed Dan and I were with Keller Williams Four Walls Realty, you and your assistant, Jessica.  
From the beginning when you contacted us by telephone to set up the initial appointment until the closing, you and Jessica were professional and kept our interest in the forefront.  We were always informed in advance of showings and received feedback afterward.  If we had any questions, you or Jessica answered them quickly and concisely.  When we received a contract after only 2 days on the market, you helped us negotiate to get the highest price for the house.  Jessica was wonderful at keeping us updated throughout the whole process reminding us of the date and time of the closing and what exactly we needed to take with us.  Her assistance was invaluable.  
We have bought and sold a number of houses during our married life and none of them were handled with the quality of service, professionalism and expertise as this one.  Thank you for making this a great experience.  I will (and have) recommended you and your organization to my friends and family and will let you know if we are ever in the market to buy or sell another home.  

 
Cindy and Dan Acker
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