Home Buyers Archive

Mortgage Purchase Applications: Home Buyers Hesitating

The lowest mortgage rates of this year have not enticed home buyers to take out a mortgage. The number of people filing for mortgages for home purchase fell in the final week of May. The index that captures the...

Increase in Tenure in Home: Due to Increased Buying Power?

I remember giving my mom a hard time when I was kid saying we moved too much (we did), to which she retorted “Everyone moves every six years. It’s a fact.” It was only many years later that I...

Highlights: 2014 Investment and Vacation Home Buyers Survey

On Wednesday, NAR released its annual Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2013. The press release can be found here, with highlights and select charts from the report below: Vacation home sales rose...

How Seller Sold Home, 1991-2013

The share of home sellers who sold their home without the assistance of a real estate agent was nine percent. Of that nine percent, forty percent knew the buyer prior to home purchase. Eighty-eight percent of sellers were assisted...

Home Improvements After the Home Purchase

Fifty-three percent of buyers undertook a home improvement project within three months of their home purchase. Buyers who purchased older, previously-owned homes were the most likely to undertake a home improvement project. Seventy-three percent of those who purchased a...