Boomers claim top homebuyers spot, leaving millennials behind
Younger boomers (ages 60-69) and older boomers (ages 70-78) combined have captured 42% of the market, claiming the largest share of buyers, according to an NAR report
by Richelle Hammiel Apr 2
5 real estate predictions for 2025 from the NAR economic summit
A remodeling 'supercycle,' heartache for first-time homebuyers and heightened activity in the South and Midwest were among the possibilities at NAR's Real Estate Forecast Summit Thursday
by Marian McPherson Dec 12
First-time homebuyers fell further behind this year, NAR says
The share of recently bought homes that went to first-time homebuyers fell to less than 1 in 4 between July 2023 and June 2024, according to a new report
by Taylor Anderson Nov 4
NAR membership dips as Realtors report closing fewer deals in 2023
NAR's 2024 Membership profile shows the impacts of a difficult market on real estate professionals — many of whom are contending with issues related to affordability and inventory
by Jim Dalrymple II Jul 10
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
Understand and master new construction to grow your business
Unlock new opportunities in a low inventory market when you dig into the new construction segment of the residential market
by Jennifer Peak Sep 5
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