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Daily Real Estate News | May 8, 2008
Who Is Most Likely to Buy Foreclosures
Interest in purchasing a foreclosed home is rising rapidly, according to a survey conducted in April by Harris Interactive for Trulia.com, a real estate Web site.
Here's what the survey revealed about buyers who tend to be interested in buying a foreclosure:
- About 60 percent of single/never-married adults are more likely to be at least somewhat interested in purchasing a foreclosure.
- About 50 percent of men are likely to be at least somewhat interested compared with 51 percent of women.
- Younger adults, ages 18 to 34, are the more likely than other age groups to consider buying a foreclosure with 69 percent expressing interest.
- Only 32 percent of adults 55 and older are interested in buying foreclosures.
Source: Trulia.com (05/08/08)
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