Home Buyers Archive

Older Boomers: Most Satisfied Buyers Purchasing Forever Homes

Older Boomers, buyers aged 63 to 71 years, made up 14 percent of all home buyers in 2017. The median age for this group was 66 years old and they were born between 1946 and 1954. Within this group,...

Strong Employment Growth Continues to Underpin Homebuyer Demand in April 2018

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic...

First-time Buyers Sidelined by Lack of Supply and Rising Prices

Lack of homes available for sale and the concomitant rise in prices appears to be sidelining many first-time potential homebuyers in 2018. In the first two months of 2018, first-time buyers made up only 29 percent of home buyers...

Investors Still Active: 15 Percent of Homebuyers in February 2017

Despite rising prices, the share of investor and vacation home buyers has held steady in the past two years, with investors making up 15 percent of existing home buyers in February 2018, according to the February 2018 REALTORS® Confidence...

Using Tax Refund for a Downpayment

Here is some insight on how Americans can invest their tax return and how first-time home buyers may look to invest long term. One of the major hurdles for potential home buyers is the downpayment. With a sizable tax...