profile of home buyers and sellers Archive

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...

NAR Survey Data: Student Debt and Saving for Downpayment Among Successful Home Buyers

Twelve percent of homebuyers found it difficult to save; for first-time homebuyers, 20 percent found it difficult to save. Of those who had a hard time saving, 43 percent of home buyers and 54 percent of first-time buyers reported...

How Seller Sold Home, 1991-2013

The share of home sellers who sold their home without the assistance of a real estate agent was nine percent. Of that nine percent, forty percent knew the buyer prior to home purchase. Eighty-eight percent of sellers were assisted...

Where Do Buyers and Sellers Find Their Agent?

According to data found in NAR’s annual Profile of Home Buyers and Sellers, home buyers and sellers consistently report they truly rely on referrals from friends and family to find an agent or they use an agent they had...