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...]
Mortgage Rates are near record lows. How do they affect buyers qualified to buy a home?
In a previous post, we examined the impact of mortgage rates and house prices on the number of renters qualified to buy to show that lower mortgage rates, rising incomes and changes in house prices have affected the number of renters who could … [Read more...]
Characteristics of Homes Purchased
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...]
Residential Purchases by Foreign Buyers by State
NAR’s Profile of International Home Buying Activity is available on an annual basis, providing information on the 2 to 3 percent of the existing home sales made annually to foreigners. Data from the 2010, 2011, and 2012 reports indicate that … [Read more...]
#HomeFeatures13 Twitter Chat Recap
Yesterday, NAR Research held a Twitter chat on home feature preferences for recent buyers. The information for this chat was taken from our recent 2013 Home Features Survey and echoes many of the experiences real estate professionals are having in … [Read more...]
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