Tag Archive | buyers

Homeownership Rate Lowest Since 1995

The U.S. homeownership rate declined in the first quarter, hitting its lowest value since 1995, signaling that buyers face substantial challenges in the current market, according to data released Tuesday. The homeownership rate declined to 65% in the first quarter, down from 65.4% during the same period in the prior year, according to a report […]

It’s April Fools Day, But Don’t Fall for These 3 Real Estate Myths

As the real estate market significantly rebounds, some buyers and sellers are dipping their toes in the waters for the first time. Inevitably, they come into the market with assumptions about how it works. Their assumptions may come from TV reality shows or watching their parents’ house-hunting experiences. Maybe they’ve learned about real estate from […]

Home Shopping: Should You Buy New?

It’s official: After years of little activity, homebuilders are dusting off their jackhammers. Last year housing permits hit their highest level since 2008, according to the Census Bureau, and new-home sales grew 20% from the prior year. “Builders are more optimistic than they have been for several years,” says Patrick Newport, an economist at IHS […]

Survey Shows Most Desired Home Features

Of all the compromises homebuyers are willing to make when it comes to features, the two features they seem either least willing to give up or most able to find are central air conditioning and cable-, satellite TV-, or Internet readiness, according to report from the National Association of Realtors. NAR’s 2013 Profile of of […]

Homebuyers Get Head Start on Spring Buying Season

Realtor.com listing data for February suggest buyers are getting an early start to the 2013 home buying season despite the bad weather in many parts of the country and inventories that are still at record lows.   Sellers are finally responding to the positive market by replenishing depleted inventories. On a national basis, the average time […]