Now let‘s take a look at the home buying process for 2010
41% of all homes sold were on the market for less than one month
17% of all buyers purchased a home for less than 90 percent asking price
11% of all buyers purchased a home for more than 100% asking price
81% of all buyers were satisfied with the homebuying process
40% of all purchasers found the mortgage process more difficult than expected
92% of all purchasers were not rejected by a single lender
95% of all purchasers got a fixed-rate mortgage.
85% of all purchases are re-sales (78% in 2006).
12 miles was the average distance between current residence and new home