profile of home buyers and sellers Archive

Single-Family Homes Are a Buyer’s Best Friend

Overwhelmingly, home buyers have purchased detached single-family homes more than any other type of home in the last 35 years. Since 1981, the Profile of Home Buyers and Sellers has collected data on the types of homes purchased throughout...
September 23, 2016

Trading Up and Trading Down: The Times Are A Changin’

Repeat home buyers have the option of trading up for a bigger home, purchasing a home similar in size, and trading down to a smaller home. This change in home size often corresponds to life changes. For instance, empty...
September 21, 2016

Twenty Five Years of Customer Satisfaction

Common Sense- a happy customer is a repeat customer or refers new business.  The Profile of Home Buyers and Sellers, which began 35 years ago, has been collecting information on satisfaction of an agent from the seller’s perspective since...

Historical Low Time on Market to Sell a Home

Since 1987, NAR’s Profile of Home Buyers and Sellers has tracked the number of weeks on the market a home is listed. In 2014 and 2015, homes sold on the market at a median of four weeks. This is...
September 7, 2016

Attic, Garage, Or Basement. Oh My!

Buyers come from a variety of living arrangements before purchasing a home. Some rented the space they end up purchasing, others owned their previous residence, and others lived with parents or relatives before buying. Since 1989 the Profile of...