Homebuyers

Tight Housing Market, Shifting Demographics Make for Big Changes in Homebuyer Profiles

By Leah Shafer / November 21, 2014 /

First-time homebuyers are being squeezed out, and you gotta move fast to buy! And people are hanging on to their houses for the longest time on record, according to a new study by the National Association of Realtors. Buyers are living in their homes for ten years, up from six years in 2008, and actually…

Homefacts App Provides Complete Picture of Neighborhood to Buyers With School Data, Crime Stats, and Demographics, But is it Too Much?

By Joanna England / July 22, 2014 /

    We love a good app here at CandysDirt, and when RealtyTrac announced their new Homefacts app, we had to give it a test. We’ve reviewed several good real estate apps before, and some of them are great for just run-of-the-mill home shopping (Realtor.com, Zillow, Trulia, and Redfin), some give you a more visual…

Millennials Want an Urban Life Today, But What About After They Have Kids?

By Joanna England / June 18, 2014 /

This is a theme that was repeated over and over at the National Association of Real Estate Editors spring conference. With the Millennial generation becoming the newest cycle of homebuyers, we have to wonder what phase of their lives will influence trends in real estate the most. This story in the Washington Post really summarizes…

Who's Buying Highrise Condos? Affluent Baby Boomers, That's Who!

By Joanna England / September 12, 2013 /

You know, I was wondering about condo buying demographics last week as I was walking around downtown and the Arts District. I had this little conversation with myself: “There are lots of great condos in and around downtown. I wonder who’s buying them? They’re outside of a first-time homebuyer’s price range, and not many families…