Who is Most Likely to Buy Foreclosures
Interest in purchasing a foreclosed home is rising rapidly, according to a survey conducted in April by Harris Interactive for Trulia.com, a real estate Web site.
Here’s what the survey revealed about buyers who tend to be interested in buying a foreclosure:
- About 60 percent of single/never-married adults are more likely to be at least somewhat interested in purchasing a foreclosure.
- About 50 percent of men are likely to be at least somewhat interested compared with 51 percent of women.
- Younger adults, ages 18 to 34, are the more likely than other age groups to consider buying a foreclosure with 69 percent expressing interest.
- Only 32 percent of adults 55 and older are interested in buying foreclosures.