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…
Where 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…
If 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…
First-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.
I 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…
