profile of home buyers and sellers Archive

Millennials: Tech-Savvy, First-Time Home Buyers in the Suburbs

Millennials, buyers ages 36 years and younger, make up the largest share of home buyers by generation at 34 percent of all home buyers in 2016 (down from 35 percent in 2015). This group was born between 1980 and...

Older Boomers: Most Satisfied Buyers Purchasing Forever Homes

Older Boomers, buyers aged 62 to 70 years, make up 14 percent of all home buyers in 2016. The median age for this group is 66 years old and they were born between 1946 and 1954. Within this group,...

President’s Day 2017: How Does the White House Compare to the Average Home?

In the spirit of President’s Day we can use data from the 2016 Profile of Home Buyers and Sellers to see how the typical home differs from the White House. Typical Home Purchased in the U.S. 86% of buyers purchased a...

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...

2017: What You Can Look Forward to from NAR Research

The new year has already started off with a bang and NAR’s Research Team has many projects in the works for our members, the media, and the general public related to the housing market. We’ve compiled a little cheat...