National Association Of Realtors
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…
Read MoreWhere are all the first-time homebuyers? In their cozy rentals, that’s where! With a market almost completely devoid of newby buyers, and the rental market being as competitive as it is (just ask my friend looking for a single-family home in East Dallas!), and prices going up across all segments, it’s just hard to find…
Read MoreIf you are a regular reader of this blog, you know that we kind of like us some vacation homes. In fact, we are doing the happy-dance over at SecondShelters: vacation-home sales in the U.S. are rebounding. The National Association of Realtors tells us sales rose 10 percent in 2012, after tumbling — no make…
Read MoreFirst-time homebuyers are finding it harder and harder to get into their dream home.
The National Association of Realtors said that first-time homebuyers make up only 28 percent of the national housing market in a Jan. 28 new story, the lowest number since the organization started measuring the demographic in 2008. According to the NAR, first-time homebuyers typically make up about 40 percent of the market, but several factors are keeping them from purchasing a home, including higher competition for lower priced properties, which are being swept up by investors at increasingly high rates.
Read MoreI awoke this morning to word that AOL Real estate and Move.com, the Westlake, CA-based company that operates web sites and blogs for the National Association of Realtors, have severed an almost three-year contract in which Move.com provided real estate content for the AOL Real Estate consumer site from about 425 MLS’s. In the wild…
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