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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