Home Buyers Archive

Top Markets Where Renters Can Afford to Buy

The U.S. homeownership rate has slowly fallen in recent years to currently its lowest level since 1965[1]. After the recent housing downturn, it has been suggested that some are more hesitant to buy a home, and while data show...

Low Mortgage Rates and the Housing Market: Pros and Cons

While low mortgage rates boost consumer buying power, the reason for the low rates could hold home buyers back. Economic forecasters and analysts have frequently missed the mark recently when forecasting interest rates. In general, forecasters and experts have...

Home Search Process for Veterans and Active-Service Members

We know that veterans and active-service members are a unique buying demographic that made up 21 percent of all home buyers in 2015. We also learned this year that veterans move a median of 75 miles from the home...

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...

Home Buying and Homeownership in High-Income Areas

By: Danielle Hale, Managing Director, Housing Research;  Hua Zhong, Data Analyst, and Nadia Evangelou, Research Economist In some parts of the United States, a $100,000 income would suffice to rank you among the area’s elites; in other parts of the country,...