In 1981, 22 percent of home buyers relied on advertisements in the newspaper to find their dream home, while 8 percent turned to a friend for word-of-mouth information. Since then, lots has changed. According to recent survey data from the National Association of Realtors®, nearly half of buyers headed to the internet as the first […]
Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce report of a June rebound in housing starts: “Though a recovery in housing starts in June is welcome news, more consistent gains are needed to help rebalance the housing market. The latest 1.22 million in total housing starts is still well below […]
We can all agree that the American Dream of homeownership is a sentiment that Americans have held for generations. It is to no surprise that the vast majority of people see owning a home as the best way to invest their money. Yet, affordability concerns continue to loom in consumer’s minds as home prices steadily […]
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