profile of home buyers and sellers Archive

Which Buyers Live with Friends or Family Prior to Purchasing?

Looking at the data from NAR’s 2005-2014 Profile of Home Buyers and Sellers, first-time home buyers were more likely to live with parents, relatives or friends prior to purchasing a home than repeat buyers. For recent home buyers the...

2015 Resolution: Save for a House?

Many people make New Year’s Resolutions as the calendar flips from December 31st to January 1st. Often times, at the top of the list (along with trimming the waist line) is saving money and paying down debt. Many people...

Building the Buyer and Seller Relationship

Buyer and seller use of a real estate agent in the process of buying or selling a home remains at a historical high. On the buying side, 88 percent of buyers purchased a home while using a real estate...

Thanksgiving: Home for Hosting — Or Maybe Just Dining Out

The American Dream of homeownership is not only about a financial investment, it’s about a place to call home. The number one reason 24 percent of buyers buy a home is the desire to own a home of their...

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...