President’s Day 2018: How Does the White House Compare to the Average Home?

In the spirit of President’s Day we can use data from the 2017 Profile of Home Buyers and Sellers to see how the typical home differs from the White House. Typical Home Purchased in the U.S. 85% of buyers purchased a...

REALTORS® Reported Strong Buyer Demand and Tight Supply in December 2017

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic...

Home Buyer Households: Valentine’s Day 2018

Using data from the 2017 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices. Among all recent home buyers, 65 percent were married couples, 18 percent were...

December 2017 Housing Affordability Index

At the national level, housing affordability is practically flat from last month and down from a year ago. Mortgage rates increased to 4.22 percent this December, up 1.7 percent compared to 4.15 percent a year ago. Housing affordability declined...

Home Sellers Had 2 to 3 Buyer Offers in 2017

In a monthly survey of REALTORS®, seller’s agents who closed a sale are asked “How many offers were received for the most recent property you sold in the past month? Among seller’s agents who closed a sale in December...