Home Buyers Archive

INTERACTIVE MAPS: Median Age of Home Buyers (2003-2013)

The median age of First-Time Home Buyers was 31 years old in 2013, but it differs slightly each year. The maps below show the median age of home buyers at the state-level for the past decade (2003-2013). There is...

Latest Data on International Trade and International Homebuyers

Both imports and exports are rising much faster than the broader economy. That means more companies are seeing faster sales growth to foreign buyers than to U.S. domestic buyers. A greater interaction with foreign economies, in turn, will mean...

Millennials and the American Dream

Based on a report released by The Demand Institute, Millennials and Their Homes: Still Seeking the American Dream: In the next five years, 8.3 million new millennial (Gen Y) households will form. It is predicted that millennials will spend...

Consumer Confidence: Highest in Nearly Seven Years

Consumers are feeling much better and more confident in recent months:  the consumer confidence index in August rose to the highest mark in nearly seven years.  Such a trend could lead to improvement in home sales and boost demand...

Sales to First Time Buyers: 28 Percent of Sales

Approximately 28 percent of REALTOR® respondents reported that their last transaction in June was by a first time home buyer (27 percent in May) [1], according to the June 2014 REALTORS® Confidence Index. Tight underwriting standards are especially challenging...