Home Buyers Archive

The Profile of Homeowners and Renters by Metro Area

Based on the American Community Survey 2014, the typical homeowner is 45-54 years old, married, and lives in a single-family detached unit. In contrast, the typical renter is 25-34 years old living alone in multi-unit structures (mostly with 5-9...

Thanksgiving Day: How family and friends can influence the home purchase

This Thanksgiving we look at how recent buyers are choosing their homes, and how their friends and family can influence their decision. While we don’t all get to see our families every day, for many home buyers having the...

Veterans Day: Active Military and Veteran Home Buyers

Today we honor those who have served, and those who are actively serving in the military. Looking at data from the recently released 2015 Profile of Home Buyers and Sellers, we can see home buying trends among active military...

Government data show that home buyers are older than they used to be, but Millennials are on the horizon

New data about 2015 home buyers will be out later this week. Most of what we know about home buyers comes from the Profile of Home Buyers and Sellers released by the National Association of Realtors® each November. The...

Does Temperature Change Affect Housing Prices?

Climate change will be one of the key issues in the 2016 presidential elections. Based on prior studies[1], climate in a given location influences people’s housing decisions, and changes in climate may affect these decisions in ways that alter...