Baby Boomers Back on Top as Largest Percentage of U.S. Homebuyers
Real estate agents should expect to work the most with older and experienced homebuyers, per the latest data from the ...
Tag: Jessica Lautz
NAR’s 2024 Migration Trends Report Sheds Light on Buyers’ Motivations to Move
The National Association of REALTORS® (NAR) has published a brand-new report tracking interstate migration of homebuyers during the year. The ...
First-Time Homebuyers at Historic Low, While Buyer Age Hits Record High
The first-time homebuyer marketshare decreased to a historic low of 24% (down from 32% last year), while homebuyers’ ages hit ...
Study: Racial Minority Groups Increased Homeownership Rates in 2022
Homeownership rates for racial minorities increased in 2022, with Asian and Hispanic Americans achieving historic peaks. Despite these advancements, disparities ...
Typical New Homebuyer’s Annual Income Over $100,000, NAR Finds
The median household income for home buyers jumped to $107,000 from $88,000 from 2022 to 2023, underscoring the increasing income ...
Long-Distance Movers: Why They Moved, and How They Found New Homes
Most of us know someone who has moved to a different state or area in the last few years. Maybe ...
Love (and Home Buying) Bring Us Together: Married Vs. Unmarried Couples in the Housing Market
Couples who have recently made a home purchase may now be enjoying summer in their new home. Let’s look at ...
NAR to Host Virtual Real Estate Forecast
The National Association of REALTORS® (NAR) will host its virtual Real Estate Forecast Summit: Residential Update event Wednesday, August 2, ...
Majority of Agents, Brokers Find Value in Promoting Energy-Efficient Listings, NAR Finds
A majority (63%) of agents and brokers said promoting energy efficiency in listings is very or somewhat valuable, according to ...
Failure to Launch Among Gen Z Buyers Likely to Last Longer Amid Affordability Crisis
Waning housing affordability isn't going away anytime soon, and neither are the impacts that it's having on young aspiring homeowners. ...
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