The first-time buyer has some characteristics different from the market as a whole. Based on data from the January to June 2013 REALTORS® Confidence Index surveys, 91percent of first-time buyers purchased their home using a mortgage. The median … [Read more...]
Profile of International Clients from Canada
Canada has remained as the top source of international clients purchasing U.S. property, as reported in the National Association of REALTORS® 2013 Profile of International Home Buying Activity, which summarizes the survey responses of over 3,300 … [Read more...]
#HBSGenerations Twitter Chat Recap
Last week NAR Research held a Twitter chat on home buyer and seller generational trends. The information for this chat was taken from our recent 2013 Home Buyer and Seller Generational Trends report, and echoes many of the observations that real … [Read more...]
Canada and China Are Top International Buyers
The United States attracts international buyers from many countries. In recent years Canada, China, Mexico, India, and the United Kingdom have accounted for over half of the foreign residential transactions. In the 12 months ended March 2013, these … [Read more...]
Roughly 40% of existing homes sold in the US are sold in the South
April home sales data show that about 40 percent of all existing homes in the US are sold in the South. At the current seasonally adjusted sales rate, that’s more than 2 million a year. For decades, the South has had the largest number of housing … [Read more...]
Happy Mother’s Day: Info from the Home Buyers and Sellers/Home Features Reports
Among recent home buyers, 41 percent had children under 18 in the home. Eighteen percent of buyer households had one child, 16 percent had two children, and 7 percent had three or more children. Buyers who had children in the home are more likely … [Read more...]
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