first time buyers Archive

Historical Low Time on Market to Sell a Home

Since 1987, NAR’s Profile of Home Buyers and Sellers has tracked the number of weeks on the market a home is listed. In 2014 and 2015, homes sold on the market at a median of four weeks. This is...
September 7, 2016

Attic, Garage, Or Basement. Oh My!

Buyers come from a variety of living arrangements before purchasing a home. Some rented the space they end up purchasing, others owned their previous residence, and others lived with parents or relatives before buying. Since 1989 the Profile of...

Sales to First-Time Buyers: 33 Percent of Sales in June 2016

First-time homebuyers appear to be getting back into the market more strongly with interest rates moving down to new lows. First-time buyers accounted for 33 percent of residential sales in June 2016, up from the 30 percent share in...

Sales to First-Time Buyers: 30 Percent of Sales in May 2016

The share of first-time home buyers accounted for 30 percent of residential sales in May 2016 (32 percent in April 2016; 32 percent in May 2015), according to the May 2016 REALTORS® Confidence Index Survey Report.[1] REALTORS® have reported that...

Highlights of April 2016 REALTORS® Confidence Index Survey

Market conditions vary across local markets, but the REALTORS® confidence and traffic indices indicate that overall housing market activity slightly improved in April 2016 from April 2015. Compared to one year ago, housing market activity was essentially unchanged.[1] REALTORS®...