NAR Report: More LGBTQ Buyers Purchasing Older, Smaller Homes

The annual report compares LGBTQ customers and sellers to the general market place. It uncovered that LGBTQ customers acquire more compact and more mature houses, but they program to transfer out five many years earlier than other customers. As a team, they are inclined to recognize as male much more than female, and be single and unmarried.

WASHINGTON – House customers from America’s LGBTQ group invest in more mature, more compact and considerably less expensive houses than non-LGBTQ customers, according to the 2021 Profile of LGBTQ House Consumers and Sellers introduced by the National Affiliation of Realtors® (NAR).

About the past five many years, houses bought by LGBTQ customers were a hundred and seventy sq. feet more compact and 15 many years more mature, usually, than people bought by non-LGBTQ customers.

“Understanding how customers navigate the housing market place is vital to Realtors®,” says Jessica Lautz, NAR’s vice president of

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