age Archive

Potential First-time Buyers Still on the Sidelines

First-time buyers accounted for 31 percent of  buyers who closed a sale in August 2017, according to the August 2017 REALTORS® Confidence Index Survey.[1]  The share of first-time buyers has been improving, although slowly, from less than 30 percent...

2017 Member Profile: Demographics of Real Estate Agents Examined Up Close

The 2017 Member Profile is out—let’s take a closer look at the demographics of the NAR membership this year. Sixty-three percent of members are female, that’s two thirds of all agents. As years of experience increase, so does the...

Young Hispanic and Latino Membership on the Rise at NAR

In the last several years, the percent of NAR members that identify as Hispanic and Latino have steadily increased. Hispanic and Latino members have for many years made up the largest racial and ethnic composition after Caucasian members. In...

Using Your Tax Refund for a Down Payment

Recently GO Banking Rates put out some interesting information in their survey on how Americans spend their tax return. This was a very relevant topic because one thing that comes to mind in reference to potential homebuyers is the...

First-time Homebuyers: 32 Percent of Residential Market in February 2017

Sales to first-time homebuyers accounted for 32 percent of residential sales in February 2017 (33 percent in January 2017; 30 percent in February 2016), according to the February 2017 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS®...