Residential Real Estate Archive

Raw Count of Home Sales (October 2016)

Existing home sales rose 2.0 percent in October from one month prior while new home sales decreased 1.9 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts...

Buyers Aged 35-44 & 45-54 Years Capture Greater Share of First-Time Home Buyers

In 2016, first-time home buyers made up 35 percent of all home buyers, an increase over last year’s near all-time low of 32 percent where it had remained for the previous three years, according to The National Association of...

October 2016 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity rose for the second straight month. October’s existing-home sales reached the 5.60 million seasonally adjusted annual rate and existing-home sales are up 5.9 percent from a...

Thanksgiving 2016: How family and friends can influence the home purchase

This Thanksgiving we look at how recent buyers are choosing their homes, and how their friends and family can influence their decision. While we don’t all get to see our families every day, for many home buyers having the...

Size of Homes: 1980’s was Bigger is Better & 2000-2010’s is Similar and Steady

For over three decades, the National Association of REALTORS® has collected data on the size of homes purchased, most notably the square feet of detached single family homes, in its flagship Profile of Home Buyers and Sellers report. Since...
November 21, 2016