Author Archive

Fastest-Selling Markets in June 2018

Amid strong demand and tight supply, REALTORS® reported that properties that sold in June 2018 were typically on the market for 26 days, faster than one year ago (28 days) and the same time as in May 2018, according...

Chinese Buyers Still #1, According to NAR 2018 International Survey

Chinese buyers remained as the top foreign buyer of U.S. residential property, according to NAR’s recently released 2018 Profile of International Activity in U.S. Residential Real Estate. [1],[2] Chinese buyers accounted for 15 percent of foreign buyer purchases during...

Foreign Buyer Residential Purchases Decline to $121 B, According to NAR 2018 International Survey

Foreign buyers purchased $121.0 billion of existing homes from April 2017—March 2018, a 21 percent decline from the past period’s level, according to NAR’s recently released 2018 Profile of International Activity in U.S. Residential Real Estate.[1],[2] Foreign buyers accounted...

Home Purchase Contracts Are Increasingly Being Settled on Time

More contracts are being settled on time, according to a survey of REALTORS® in the  May 2018 REALTORS® Confidence Index Survey.  The monthly survey asks REALTOR® respondents: “Think of your most recent sales contract in the past 3 months...

25-34-Year-Old Population Has Been Rising, But Not Household Formation

First-time homebuyers accounted for 31 percent of all home sales transactions of REALTORS® in May 2018, according to the  May 2018 REALTORS® Confidence Index Survey. The share of first-time buyers has hovered at about this level for most of...