Home Buyers Archive

Home Buyer Characteristics by Age

The REALTORS® Confidence Index, based on approximately 3,000 random responses each month, provides insight on home buyer characteristics.  An analysis of buyers by age shows the differences between age groups. Sixty percent of buyers aged 34 and under previously...

President’s Day: How does the White House compare to the typical home purchased?

In the spirit of President’s Day we can use data from the 2014 Profile of Home Buyers and Sellers to see how the typical home differs from the White House. Typical Home Purchased in the U.S. 84% of buyers purchased...

Relationships & Homeownership

Using data from the 2014 Profile of Home Buyers and Sellers and 2013 Home Features Survey we can break down household composition, and the relationship it has to home purchasing choices. Married Couples: Married couples had a median age...

FHA Lowers Pricing to Reflect Less Risk

The FHA announced important changes to the pricing of its mortgage insurance today. This change will help to shore up the long-term solvency of its mortgage insurance fund, improve affordability and sustainability for most borrowers, and price in a...

2015 Resolution: Save for a House?

Many people make New Year’s Resolutions as the calendar flips from December 31st to January 1st. Often times, at the top of the list (along with trimming the waist line) is saving money and paying down debt. Many people...