The oldest homebuyers were the less likely to start their search for a home by looking online for properties for sale, compared to other generations. That was found by a 2023 survey among American homebuyers who recently purchased a home. Searching for listings online was still the most important step for 59 to 68-year-olds, but a high percentage of respondents started the search by seeking information about the process online and asking friends and family. Respondents between 78 and 98 stood out as the most likely to directly contact a real estate agent.
First steps during the homebuying process in the United States in 2023, by age group
Characteristic
25 to 33
34 to 43
44 to 58
59 to 68
69 to 77
78 to 98
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National Association of Realtors. (March 28, 2024). First steps during the homebuying process in the United States in 2023, by age group [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/507427/first-steps-home-buying-process-usa-by-age/
National Association of Realtors. "First steps during the homebuying process in the United States in 2023, by age group." Chart. March 28, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/507427/first-steps-home-buying-process-usa-by-age/
National Association of Realtors. (2024). First steps during the homebuying process in the United States in 2023, by age group. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/507427/first-steps-home-buying-process-usa-by-age/
National Association of Realtors. "First Steps during The Homebuying Process in The United States in 2023, by Age Group." Statista, Statista Inc., 28 Mar 2024, https://www.statista.com/statistics/507427/first-steps-home-buying-process-usa-by-age/
National Association of Realtors, First steps during the homebuying process in the United States in 2023, by age group Statista, https://www.statista.com/statistics/507427/first-steps-home-buying-process-usa-by-age/ (last visited July 22, 2024)
First steps during the homebuying process in the United States in 2023, by age group [Graph], National Association of Realtors, March 28, 2024. [Online]. Available: https://www.statista.com/statistics/507427/first-steps-home-buying-process-usa-by-age/