The typical home recently purchased was 1,860 square feet in size. Repeat buyers, buyers of new homes, married buyers and those with children under the age of 18 in the home typically purchased larger homes. The typical home purchased was built in … [Read more...]
2013 REALTOR® Nationwide Open House: Information from the Profile of Home Buyers and Sellers
The 2013 REALTOR® Nationwide Open House, the largest-ever international open house campaign, will be held on April 20 and 21. Below is some open house information from our annual profile of home buyers and sellers: Repeat buyers are more likely to … [Read more...]
Investment Buyers in 2012
The sales price for investment properties rose for the second consecutive year. The share of investment buyers who paid all cash for their home purchase remained steady from 2011 at 49 percent. Investors in 2012 remained active in buying distressed … [Read more...]
Eighty-three Percent of REALTORS® Report Constant to Rising Prices
With strong buyer demand and tight inventory, 83 percent of REALTORS® reported constant or rising prices in the February REALTORS® Confidence Index (RCI) Survey. The survey also showed that among the respondents: – About 16 percent reported a … [Read more...]
Demand for Office Projected to Grow in 2013
The economy closed 2012 with positive growth, the slow fourth quarter GDP data notwithstanding. Mirroring that growth, commercial real estate also notched a year of growth and expansion. Fundamentals continued improving through the fourth quarter of … [Read more...]
Demand for Properties Continued to Expand Faster than Supply
Buyer demand for residential homes continued to outpace supply in February. The Buyer Traffic Index rose to 64 while the Seller Traffic Index essentially stayed at 39 based on information in the February REALTORS® Confidence Index (RCI) Survey. In … [Read more...]
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