The 2023 homebuyer: Wealthier, older and less likely to be white
The median household income of the typical United States homebuyer jumped 22% between 2022 and 2023, according to a new study
by Ben Verde Nov 13
Real estate agents tallied double-digit sales volume gains in 2022
Despite inventory hitting a 23-year low, the average Realtor ended last year on a solid note, according to the National Association of Realtors’ latest Member Profile survey, released Tuesday
by Marian McPherson Jul 12
'Voluntary moves are gone': Why today's buyer looks so different
More buyers today are moving because they have to. Here's what they look like — and how agents are courting their business in a down market
by Jim Dalrymple II Jun 28
How union strikes like the Writers Guild of America impact real estate
From negative effects on the supply chain to confidence in the market, major union strikes like the WGA walkout and others before it can have a palpable impact on the real estate industry
Boomers strike back: Older buyers unseat millennials as top cohort
Baby boomers have long enjoyed advantages over millennials in the home market. Now, they outnumber them, according to data released Tuesday by the National Association of Realtors
by Daniel Houston Mar 28
A gap in a concrete bridge
The National Association of Realtors said increasing the nation's inventory is 1 solution to address homeownership gap. The trade group is eying 3M net new Black homeowners by 2030
The shift has begun — but rate hikes won't be housing's Achilles' heel
Experts told Inman they expect home sales and price growth to slow down, but they don't think rising rates will knock everyone out of the market
by Jim Dalrymple II May 26
A desert landscape
Of the median 8 homes buyers saw in 2021, they toured 3 of them virtually, according to a new analysis released Wednesday by the National Association of Realtors
by Andrea V. Brambila Jan 19
Demand for houses is way up. Are first-time buyers driving it there?
The share of first-time homebuyers was up last year, but far below the runup to the housing crash of 2008, according to NAR's Profile of Home Buyers and Sellers. What's happening?
by Daniel Houston Jan 10
For years, homeowners were staying put. Is that trend about to change?
Americans used to spend less time in their homes before selling. Then came the housing crash of 2008. But according to a pair of new surveys, the pandemic may be reversing that change
by Daniel Houston Dec 20
Clients may peek online, but 9 in 10 still turn to an agent: survey
A recent survey of thousands of buyers and sellers found they overwhelmingly work with agents, even as their attitudes have shifted
by Daniel Houston Nov 11
The median Realtor income declined in 2020, new survey says
The record number of homes sold in 2020 didn't necessarily translate into higher wages for most Realtors, with the median gross income falling $6K from the year before
Inman Handbook on pending home sales
Pending sales numbers are one of the most ubiquitous forms of data in real estate. They have their limits, but are also key to making sense of the housing business
by Jim Dalrymple II Jun 1
A rickety bridge with gaps
Hispanic and Black Americans who buy lower-priced homes than white Americans can also lead to further wealth gaps, according to a study by the National Association of Realtors
by Andrea V. Brambila Apr 29
More than half of agents don't bother staging homes for sale
Just over half of listing agents say in a NAR survey that they believe staging boosts how much buyers will offer, but about the same share don't stage. Is reality TV to blame for unrealistic expectations?