Browsing Posts In: Blog

April 7, 2017 Posted by: Amanda Riggs

The Silent Generation, buyers ages 71 to 91 years, make up the smallest share of home buyers by generation at only eight percent of all home buyers in 2016. The median age for this group is 75 years old and they were born between 1925 and 1945. They tend to have the smallest families; 97 […]

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April 6, 2017 Posted by: Scholastica (Gay) Cororaton, Research Economist

More first-time homebuyers take advantage of a low downpayment loan compared to all homebuyers, according to the February 2017 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Among all buyers whose transaction closed in February 2017, 62 percent of those who obtained a mortgage made […]

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Posted by: Michael Hyman, Research Data Specialist

Recently GO Banking Rates put out some interesting information in their survey on how Americans spend their tax return. This was a very relevant topic because one thing that comes to mind in reference to potential homebuyers is the always-elusive down payment. With a sizable tax refund, the average American would have a decent down […]

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April 5, 2017 Posted by: Amanda Riggs

NAR recently released 2017 Real Estate in a Digital Age report takes a deeper look at REALTORS® use of digital technology. Real estate agents predominantly communicate with clients using digital means, namely email (94 percent), phone (91 percent), and text messaging (90 percent). The majority of REALTORS® use email, computers, and smartphones daily and 48 […]

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Posted by: Nadia Evangelou, Research Economist

Existing-home sales dropped 3.7 percent in February from one month prior while new home sales increased 6.1 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines income […]

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April 4, 2017 Posted by: Scholastica (Gay) Cororaton, Research Economist

Sales to first-time homebuyers accounted for 32 percent of residential sales in February 2017 (33 percent in January 2017; 30 percent in February 2016), according to the February 2017 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Sustained job growth and improving incomes along with […]

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Posted by: Scholastica (Gay) Cororaton, Research Economist

Sales to first-time homebuyers accounted for 32 percent of residential sales in February 2017 (33 percent in January 2017; 30 percent in February 2016), according to the February 2017 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Sustained job growth and improving incomes along with […]

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Posted by: Nadia Evangelou, Research Economist

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April 3, 2017 Posted by: Scholastica (Gay) Cororaton, Research Economist

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” Among REALTORS® who responded to the February 2017 survey, the median expected home price change in the […]

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Posted by: Scholastica (Gay) Cororaton, Research Economist

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” Among REALTORS® who responded to the February 2017 survey, the median expected home price change in the […]

... Read More