Home Buyers Archive

President’s Day 2017: How Does the White House Compare to the Average Home?

In the spirit of President’s Day we can use data from the 2016 Profile of Home Buyers and Sellers to see how the typical home differs from the White House. Typical Home Purchased in the U.S. 86% of buyers purchased a...

Affordability is Main Hurdle for Aspiring Home Buyers

NAR released a new Aspiring Home Buyers Profile that captures the consumer sentiment of the housing market for non-homeowners—defined as those that rent and those that live with someone else (such as family and friends) rent-free. The report is...
February 14, 2017

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...

81 Percent of First-time Homebuyers Made a Downpayment of Less than 20 Percent

More first-time homebuyers avail of a low downpayment loan compared to all homebuyers, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Among first-time homebuyers...

FHA Mortgage Insurance Premium Flash Survey

On January 10th, the FHA lowered its annual mortgage insurance premium (MIP) by 25 basis points. That decision was put on hold pending a review on January 21st. This alteration to the FHA’s fee structure was unique as it...