Among recent home buyers, 80 percent said they believe their home is a good investment, according to the 2013 National Association of Realtors Profile of Home Buyers and Sellers. The survey, which polled nearly 150,000 recent buyers and sellers, aimed to evaluate the demographics, preferences, motivations, and experiences of people who participated in a real-estate transaction between July 2012 and June 2013. According to the results, the number of first-time home buyers slipped from 39 percent in the 2012 study to 38 percent this year. The median age of first-time buyers was 31 and their median income was $67,400. Among repeat buyers, the typical buyer was 52 years old and earned $96,000. Nearly 90 percent of all buyers financed their home – with 95 percent of entry-level buyers using a fixed rate mortgage. 92 percent of respondents said they used the Internet to search for a home. The survey also found that the typical seller was 53 years old and moved a median distance of 18 miles. Homes for sale were typically on the market for 5 weeks, down from 11 weeks in last year’s survey. More here.