The 2023 homebuyer: Wealthier, older and less likely to be white
The median household income of the typical United States homebuyer jumped 22 percent between 2022 and 2023. Continue reading
The median household income of the typical United States homebuyer jumped 22 percent between 2022 and 2023. Continue reading
Despite inventory hitting a 23-year low, the average Realtor ended last year on a solid note, according to the National Association of Realtors’ latest Member Profile survey, released Tuesday. Continue reading
More buyers today are moving because they have to. Here’s what they look like — and how agents are courting their business in a down market. Continue reading
From negative effects on the supply chain to confidence in the market, major union strikes like the WGA strike and others before it can have a palpable impact on the real estate industry. Continue reading
Baby boomers have long enjoyed advantages over millennials in the home market. Now, they’re outnumbering them as well. Continue reading
The National Association of Realtors said increasing the nation’s inventory is one solution to address homeownership gap. The trade group is eying 3 million net new Black homeowners by 2030. Continue reading
Experts expect home sales and price growth to slow down, but they don’t think rising rates will knock everyone out of the market. Continue reading
Americans used to spend less time in their homes before selling. Then came the housing crash of 2008. But according to a pair of new surveys, the pandemic may be reversing that change. Continue reading
A recent survey of thousands of buyers and sellers found they overwhelmingly work with agents, even as their attitudes have shifted. Continue reading
The record number of homes sold in 2020 didn’t necessarily translate into higher wages for most Realtors, with the median gross income falling $6,000 from the year before. Continue reading