New survey results show urban, rural, and suburban American homebuyers have “drastically different” profiles. Aside from agreeing on the importance of homeownership, the three groups vary greatly on most homebuying-related topics. The biggest differences lie with the urban buyer, who is younger, more transient, more likely to be an immigrant, and has a bigger budget. The average urban buyer is just 38 years old—nearly a full decade younger than the average suburban and rural buyer.
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