Author Archive

Consumer Perception: Homes Are Affordable Only to Those With Above Average Incomes

In the second quarter release of the Housing Opportunities and Market Experience (HOME) report, NAR asked consumers their thoughts and perceptions on housing affordability in their communities. The responses were nearly split down the line, where 49 percent of...

Sources of Income for Real Estate Agents

For entrepreneurs like real estate agents who hustle for their income, every penny counts. Return on investment is important and agents will spend money on technology if it brings in new business. Let’s take a deeper look into the...

2017 Member Profile: Demographics of Real Estate Agents Examined Up Close

The 2017 Member Profile is out—let’s take a closer look at the demographics of the NAR membership this year. Sixty-three percent of members are female, that’s two thirds of all agents. As years of experience increase, so does the...

Young Hispanic and Latino Membership on the Rise at NAR

In the last several years, the percent of NAR members that identify as Hispanic and Latino have steadily increased. Hispanic and Latino members have for many years made up the largest racial and ethnic composition after Caucasian members. In...

Vacation and Investment Home Sales: A Breakdown for 2017

The share of primary home buyers rose in 2016 to 70 percent of all homes sold on the market from 65 percent in 2015. Buyers who purchased to live in a primary residence bought 70 percent of all homes...