- Minority home buyers typically purchase a home at a younger age than whites: The median African-American buyers is 39, the Hispanic buyer is 37, the Asian buyer is 36 while the white buyer waits unit 43.
- At least half of all purchasers in all ethnic/racial groups are married couples and most have children: 80 percent of white buyers, 50 percent of African-Americans, 74 percent of Hispanics, and 79 percent of Asians.
- In terms of median household income of all four groups, Asian home buyers rank first with $72,797, followed by whites with $67,747, $50,221 for Hispanics and $43,774 for African-Americans. ##
- (Photo credit: theglobenadmail.com–homebuyers)