Home Buyers Archive

First-time Homebuyers: Slightly Up at 32 Percent of Residential Sales in 2016

REALTORS® reported that first-time homebuyers accounted for 32 percent of residential sales in 2016 (30 percent in 2015), according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local...

FHA Fee Reduction On Hold

On Friday, the new administration suspended a 25 basis point fee reduction that the past administration announced on the 9th of January. NAR research estimated that the fee reduction would have benefited 750,000 to 850,000 homebuyers in 2017 whose...

Heating your Home for the Holidays 2016

When deciding on a home to purchase, recent buyers took into consideration a variety of different environmental features. The feature that was most important to buyers was heating and cooling costs. Eighty-four percent of recent buyers found heating and...

First-time Homebuyers: 33 Percent of Residential Sales in October 2016

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members the characteristics of the most recent sale that closed in the reference month, including “Was the buyer a first-time buyer?” The share of first-time home...

How Commuting Costs Factor Into Home Buying

Either way you look at it, buyers know that commuting costs are high. Some buyers need to be closer to their job while others need to be closer to school districts. The National Association of REALTORS® released its 2016...
December 5, 2016