home buyers
Home Buyer

Home Buyers

Home Buyers are looking for a quality home at an affordable price. There are approximately 39,000 Home Buyers living in Nashville’s 8-county area, and they represent 4% of the market.

 

Source: Scarborough, Release 1, 2008.

Readership of Home Owners
  • 79% with The Tennessean and Tennessean.com
  • 62% with The Tennessean
  • 49% with Tennessean.com

Source: Tennessean Market Study; Scarborough 2007 (7 days in Tennessean; 30 days on Tennessean.com)


Snapshot of Home Buyers
  Total Adults % Index*
Men 24,060 46% 96
Women 27,970 54% 104
Age 18-34 32,220 62% 197
Age 35-44 9,360 18% 88
Age 45-54 3,390 7% 34
Age 55-64 6,300 12% 85
Age 65 or older 760 1% 10
Employed full-time 28,870 55% 107
Some college or higher 31,200 60% 110
Married 28,540 55% 90
Have children under age 12 22,480 43% 135
Have teenagers age 12-17 15,600 30% 162
HHI $30k-$49k 14,490 28% 108
HHI $50k-$74k 5,880 11% 60
HHI $75k-$99k 10,650 20% 118
HHI $100k or more 14,640 28% 145
Own home 36,050 69% 89

Source: Scarborough 2008, Release 1 (8 counties: home buyer; 52,000)

Index is defined as the number above or below 100 (100 representing average) indicating how much an audience is likely to represent a particular pattern or behavior compared to the average Middle Tennessee adult.

 
Buying Behavior of Home Buyers

In the past year…
Total Adults %
Hired a real estate agent to buy a home 15,830 30%
Hired a real estate agent to sell a home 8,140 16%
Remodeled home 34,210 66%
Bought furniture 21,020 40%

In the next year…
Buy home electronics 24,800 48%
Install home security system 8,240 16%
Buy major appliance 19,270 37%
Buy a home - existing construction 17,090 33%
Buy a home - new construction 22,820 44%

Currently have…
Home equity loan 1,700 3%
Home mortgage 21,300 41%

Source: Scarborough 2008, Release 1 (8 counties: homebuyers: 52,000)


Best Products to Reach Home Buyers

Tennessean.com

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