DAILY REAL ESTATE NEWS | WEDNESDAY, MARCH 22, 2017
Existing-home sales dropped in February as tight inventory and weakening affordability conditions kept many buyers out of the market in most parts of the country, the National Association of REALTORS® reports. Total sales for existing single-family homes, townhomes, condos, and co-ops fell 3.7 percent to a seasonally adjusted annual rate of 5.48 million, compared to 5.69 million in January, according to the report. However, the pace of sales in February remained 5.4 percent above a year ago.
Millennials aren’t alone in struggle with student debt - March 7, 2017 - Kelsey Ramírez
Generation X suddenly started buying homes, increasing the generation's share of homebuyers significantly this year, according to the 2017 Home Buyer and Seller Generational Trends study by the National Association of Realtors.
This increase is credited to an improving economy, multiple years of strong job growth and the notable increase in home values in most markets, according to NAR’s study.
An excellent sales pitch can be derailed by unexpected inquiries - BY INGRID BURKE
Keep your hands on the wheel at all times - BY KAREN BRISCOE
The Aspiring Home Buyer Profile is an in depth examination of the consumer preferences of non-homeowners, defined as those that rent and those that live with someone else (such as family or friends) without paying rent. The Aspiring Home Buyer Profile compares and contrasts the perceptions of homeownership, the American Dream, and housing affordability from the perspective of non-homeowners.
Aspiring Home Buyers Profile - DOWNLOAD (PDF 942.5 KB)