Author Archive

Typical Sales Price of Homes by Gender, Race, and Ethnicity

In the NAR 2017 Choosing a Career in Real Estate: A Perspective on Gender, Race, and Ethnicity, respondents were asked what the typical sales price of the homes were in their main business area. While the million-dollar homes are...
November 30, 2017

Student Loan Debt Adversely Affecting Millennials

In NAR’s first report on student loan debt in 2016, survey respondents were among a wide age range, from Millennials to Generation X to Baby Boomers and the Silent Generation. This year, the Student Loan Debt and Housing Report...
September 21, 2017

Home Staging Could Pay for Itself and Increase Seller Equity

According to 31 percent of REALTORS® who work with buyers, staging a home before listing it for sale on the market could have a price increase of up to five or 10 percent. On a $300,000 home, that could...
September 5, 2017

A Breakdown of NAR Commercial Members’ Income

Half of all members are brokers (47 percent) and a third are sales agents (30 percent). The median gross income for brokers in 2016 was $154,900 compared to sales agents at $81,300. The median annual gross income for all...
September 1, 2017

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...