Working with Clients Archive

September 2016 Housing Affordability Index

At the national level, housing affordability is up from a year ago for the third consecutive month. Mortgage rates ticked up and stood at 3.78 this September and increases are expected to continue. Housing affordability increased from a year...

Halloween and Home Sellers in 2016

Home sellers decide to move for many reasons. Using the 2016 Profile of Home Buyers and Sellers, we can discover these reasons as well as some surprising reasons for selling a home. Among all home sellers, 18 percent decided...

Housing Characteristics for Homeowners in Blue and Red States

With less than three weeks to go, let’s take a look at housing preferences of homeowners based on their political beliefs.  Historically, there are states whose residents predominantly vote for Democratic Party (Blue) or Republican Party (Red) presidential candidates[1]....

Internet & Real Estate Agents: Some Things Change, Others Remain the Same

According to Science Journal, the internet took over multichannel global communications almost instantaneously, transmitting one percent of information in 1993, 51 percent by 2000, and 97 percent by 2007.[1] The internet’s prominence in the real estate industry has a...
October 19, 2016

Tenure in Home Has Steadily Increased in Last 30 Years

The Profile of Home Buyers and Sellers has collected data since 1985 on the median tenure a seller has remained in their home and the expected tenure for home buyers since 2006. In 1985, the median tenure for sellers...
October 13, 2016