Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
The primary motivation to purchase a home varies between home buyers with an income below $175,000 and those with an income above $175,000.
The primary reason among buyers with an income below $175,000 to purchase a home is the desire to own a home. A significant motivation for buyers with an income above $175,000 is the desire for a larger a home or a job-related relocation.
The area purchased by households with an income below $175,000 and an income above $175,000 remained relatively the same. Over half of both income groups purchased their home in a suburb/subdivision. Eighteen percent of home buyers with an income below $175,000 purchased a home in an urban area, which was slightly higher than those with an income above $175,000.
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