The United States attracts about 1 million immigrants (permanent residents) every year. Over time, they achieve the American dream of having higher incomes and homeownership. Did you know that India is the top origination country of immigrants … [Read more...]
Expected Tenure in Home
Forty-three percent of recent buyers were unsure of how long they expected to own their home. The typical buyer estimated they would live in their home for 15 years, a large increase from the estimated 10 years recorded in the 2010 report. First-time … [Read more...]
New Infographic: Home Buyers and Sellers in 2012
More than they have in the past decade, two-income married couples are fueling today’s home buying and selling market, and they are turning to REALTORS® to help them. Get more data about today’s buyers and sellers, including statistics … [Read more...]
First Time Buyers: 32 Percent of Residential Buyers in September
Based on information from the REALTORS® Confidence Index survey, approximately 32 percent of responding REALTORS® reported making a sale to first-time homebuyers in September (31 percent in August). Normally first-time buyers are in the … [Read more...]
First-Time Home Buyers: 31 Percent of Residential Buyers
Approximately 31 percent of REALTORS® who responded to the latest REALTORS® Confidence Index survey reported making a sale to first-time home buyers. Normally first-time buyers are in the neighborhood of 40 percent of total residential sales, … [Read more...]
Thinking Too Fast on Foreclosure Properties
Thinking, Fast and Slow is a book written by a psychologist who won a Nobel Prize in Economics several years back. Daniel Kahneman, the author, pokes at the basic economists’ assumption that people make rational calculations before deciding. His idea … [Read more...]
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