Author Archive

Monthly Payments 2005 vs. 2010

The table below looks at median monthly payments for home buyers in the fourth quarter 2005 versus 2010. The table looks at the median home price and assumes a 20 percent down payment. Home prices have depreciated in many...

Profile of Single Male Home Buyers

The median household income for single male homebuyers in 2009 was $54,900. 63 percent of single male buyers were first-time home buyers. 82 percent of recent single male buyers purchased their home through an agent. Two-fifths of single male...

Websites, Blogs and Social Media

As clients continue to increase their use of the Internet in real estate, the web presence of REALTORS® becomes even more important. Nearly two-thirds of all REALTORS® reported having a website. By function, appraisers were the least likely to...