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Buyers Remorse >First Time Buyers

People who are selling their homes should know something about the market group from which their buyers are likely to appear. Many homes are perfect for a first-time buyer. First-time buyers are making a major purchase they have never attempted before, and may be unusually subject to the inevitable stress and anxiety that goes with buying a home.

First-time home buyers are usually younger (between 25 and 34 years of age) and have distinct buying patterns. First-timers are often looking for homes that are smaller, and perhaps older, than repeat buyers. The median home size for first-time buyers is about 1450 square feet. Approximately four in ten first-timers will buy homes built before 1960, compared to two in ten repeat buyers.

First-time buyers are in the process of developing a clearly defined sense of what they want in a house. They may not have enough money to buy their ultimate dream home at first, but seventy-four percent say they like their new home better than their previous residence.

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Q	Which famous home designed by Thomas Jefferson showed forms of Greek and Roman architecture?
A	Monticello, begun in 1769, was later enlarged in keeping with its classical forms.
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Garth and Christy Gillespie, REALTOR®, real estate agents and broker for Jackson Hole, Teton Village and Jackson Wyoming home listings, property and land for sale - NUMBER1EXPERT(tm)

Garth and Christy Gillespie
Sotheby's International Realty
185 W. Broadway
Jackson, WY. 83001
307-739-8056
307-413-5243
877-739-8146
Fax: 307-733-0511
Email: gandcgillespie@NUMBER1EXPERT.com
Garth and Christy Gillespie are one of Jackson's leading real estate teams. They are committed to helping customers find properties of value. "We love what we do and it shows," says Christy, who has over 10 years of experience in Jackson and has consecutively won top producer awards. Christy, originally from Naples, Florida, literally grew up in the real estate business. Her parents owned a successful real estate company where she got her start, and success in the business seemed to follow her. Her love for the mountain lifestyle became evident after many family trips to Lake Tahoe and Vail, Colorado. She was lucky enough to find Garth at the University of Denver, where they both graduated with degrees in business, and they married in Grand Teton Park. Garth joined Christy in real estate 6 years ago and hasn't looked back since. "It is the people that I love working with as well as taking marketing to new levels," says Garth, who originally hails from Milwaukee, Wisconsin.

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