demographics Archive

Appraisal: A Candle Burnt at Both Ends

Refinancing soared in 2015 and 2016 as rates fell, while burgeoning home sales pushed over the five million sales mark and the TRID regulation was implemented. In this environment, anecdotes of delayed closing, difficulties getting appraisals and even “rush”...

Home Buyer Households: Valentine’s Day 2017

Using data from the 2016 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices. Among all recent home buyers, 66 percent were married couples, 17 percent were...

Martin Luther King, Jr. Day 2017

Martin Luther King, Jr. Day is observed on the third Monday of January and marks the birthday of Rev. Dr. Martin Luther King, Jr. This holiday is also recognized as a day of service, and is an opportunity to...

A Healthy Commercial Market With New Commercial Members

In the line with the influx of new NAR members working in residential real estate from the 2016 Member Profile, NAR also saw a surge of members into its commercial ranks. While commercial members are a smaller subset of...

Veteran Home Buyers: Moving Long Distances into Senior-Related Communities

Active military and veterans made up 21 percent of all home buyers in 2015. According to NAR’s 2016 Veterans & Active Military Home Buyers and Sellers Profile, the typical veteran home buyer is 61-years old, married without children under...