household income Archive

2017 Member Profile: Demographics of Real Estate Agents Examined Up Close

The 2017 Member Profile is out—let’s take a closer look at the demographics of the NAR membership this year. Sixty-three percent of members are female, that’s two thirds of all agents. As years of experience increase, so does the...

Home Buyer Households: Valentine’s Day 2017

Using data from the 2016 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices. Among all recent home buyers, 66 percent were married couples, 17 percent were...

Housing Shortage for How Long?

The inventory of homes for sale continues to shrink. There were 2.02 million homes listed for sale at the end of October, representing only 4.3 months’ supply. A balanced market would be closer to 6-to-7 months’ supply.  From a...

Homes Sell For More With A REALTOR® Than If You Sell Solo, Research Says

The numbers are in for 2016—selling your home with a REALTOR® could get you $60,000 more on your home sale. From the recently released 35th anniversary edition of the Profile of Home Buyers and Sellers report, homes sold with...
November 17, 2016

All the Single Ladies

Since 1981, single females have been second only to married couples in the home buying market. When the Profile of Home Buyers and Sellers started 35 years ago, 11 percent of home buyers were single females. The share of...