In the spirit of Presidents Day, data from the 2019 Profile of Home Buyers and Sellers shows how the typical home differs from the White House.
Using data from the 2019 Profile of Home Buyers and Sellers we can break down household composition, and the relationships it has on home purchasing choices.
Only 53% of first-time buyers are married couples. Single buyers and unmarried couples are buying homes more frequently than they did in the past.
Prices continued to rise, with 94% of the markets showing home price appreciation. Eighteen metro areas experienced double-digit growth in the fourth quarter.
NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on employment in January 2020.NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on employment in January 2020.
Among all respondents, 53% reported they expect business to go up and 30% reported they expect no change in the volume of their business.
Inventory and months’ supply are both indicators of housing supply. How do they affect the real estate market?
The dollar volume of land sales and land prices per acre rose across all land types during the 12-month period of October 2018–September 2019.
The aspiring buyer faces record-breaking low inventory levels, rising rents, and student debt loads that make it difficult to save. But for some, there is a way that does help: they turn to the trusted bank of mom and dad.
Eighty-four percent of respondents reported that home prices remained constant or rose in December 2019 compared to a year ago.