Below is some cool info from the NATIONAL ASSOCIATION OF REALTORS®

The 2008 Profile of Home Buyers and Sellers describes the characteristics and motivations of recent home buyers and sellers in Pennsylvania.

Sixty-six percent of home buyers had no children under age 18 residing in the home.

Fifty-nine percent of home buyers were married couples, 18 percent single females, 11 percent single males, and 9 percent were unmarried couples.

Six percent of home buyers reported they were born outside the United States, compared to 9 percent nationally.

First-time home buyers accounted for 46 percent of recent home purchases.

The median income of first-time home buyers was $63,000 compared to $60,600 among all first-time buyers nationally.

The primary reason for the recent home purchase was a desire to own a home for 68 percent of first-time buyers.

For the timing of the home purchase, 50 percent reported it was just the right time for them, 18 percent noted they had to purchase when they did, and 20 percent reported it was either due to improved affordability of homes or availability of homes for sale. Only 2 percent stated they wished they had waited to buy.

Fifty-seven percent of first-time home buyers were between 25 and 34 years old.

Forty-three percent of home buyers reported using social networking Web sites, such as MySpace, Facebook, LinkedIn, and Friendster. Among home buyers aged 18 to 24, 79 percent reported using social networking sites, and 46 percent reported using them every day or nearly every day.