Browsing Posts In: Home Buyers

March 27, 2017 Posted by: Ken Fears, Director, Regional Economics and Housing Finance

Refinancing soared in 2015 and 2016 as rates fell, while burgeoning home sales pushed over the five million sales mark and the TRID regulation was implemented. In this environment, anecdotes of delayed closing, difficulties getting appraisals and even “rush” fees for quick turn-around appraisals began to percolate. Is this a short-term problem or something more? […]

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February 27, 2017 Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of pending home sales data showing that January’s pending home sales dipped 2.8 percent from last month but are modestly up 0.4 percent from a year ago. As prices continue to rise, affordability is becoming an issue for some potential homebuyers and fewer housing options have contributed to fewer contracts signed […]

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Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of pending home sales data showing that January’s pending home sales dipped 2.8 percent from last month but are modestly up 0.4 percent from a year ago. As prices continue to rise, affordability is becoming an issue for some potential homebuyers and fewer housing options have contributed to fewer contracts signed […]

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February 24, 2017 Posted by: Amanda Riggs

The results are in! NAR surveyed thousands of consumers, real estate agents, and industry professionals on interior and exterior home remodeling projects. The projects listed below are the best exterior remodeling projects that can get you the biggest bang for your buck when it comes time to list on the market. Exterior Remodeling Projects If […]

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February 17, 2017 Posted by: Brandi Snowden, Research Survey Analyst

In the spirit of President’s Day we can use data from the 2016 Profile of Home Buyers and Sellers to see how the typical home differs from the White House. Typical Home Purchased in the U.S. 86% of buyers purchased a previously owned home, with 83% of buyers choosing a detached single-family home. Looking by first-time and […]

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February 14, 2017 Posted by: Amanda Riggs

NAR released a new Aspiring Home Buyers Profile that captures the consumer sentiment of the housing market for non-homeowners—defined as those that rent and those that live with someone else (such as family and friends) rent-free. The report is aptly named, for nearly nine in 10 non-homeowners expressed the desire to own a home of […]

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Posted by: Brandi Snowden, Research Survey Analyst

Using data from the 2016 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices. Among all recent home buyers, 66 percent were married couples, 17 percent were single females, eight percent were unmarried couples, and seven percent were single males. Three percent of […]

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Posted by: Brandi Snowden, Research Survey Analyst

Using data from the 2016 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices. Among all recent home buyers, 66 percent were married couples, 17 percent were single females, eight percent were unmarried couples, and seven percent were single males. Three percent of […]

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February 2, 2017 Posted by: Scholastica (Gay) Cororaton, Research Economist

More first-time homebuyers avail of a low downpayment loan compared to all homebuyers, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Among first-time homebuyers who obtained a mortgage and whose transactions closed in October—December 2016, 81 percent made a downpayment […]

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Posted by: Scholastica (Gay) Cororaton, Research Economist

More first-time homebuyers avail of a low downpayment loan compared to all homebuyers, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Among first-time homebuyers who obtained a mortgage and whose transactions closed in October—December 2016, 81 percent made a downpayment […]

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