Monthly Archives: March 2016

February 2016 Foot Traffic

Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Lockboxes made by SentriLock, LLC. are used in roughly a third of home showings across the nation. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future. This infographic shows the latest index data along with trends and changes.


Source: National Association of Realtors(R) Education

February 2016 Foot Traffic

Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Lockboxes made by SentriLock, LLC. are used in roughly a third of home showings across the nation. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future. This infographic shows the latest index data along with trends and changes.


Source: National Association of Realtors(R) Education

Home Buyer and Seller Generational Trends

Highlights

  • At 35 percent, buyers 35 years and younger continue to be the largest generational group of home buyers with a median age of 30 years old.
  • First-time buyers made up 32 percent of all home buyers, down from 33 percent last year.
  • Sixty-seven percent of buyers 35 years and younger were first-time buyers, followed by buyers 36 to 50 years at 26 percent.
  • The most common type of home purchased continues to be the detached single-family home, which made up 83 percent of all homes purchased.
  • Eighty-nine percent of… Read More
    Source: National Association of Realtors(R) Education

Home Buyer and Seller Generational Trends

Highlights

  • At 35 percent, buyers 35 years and younger continue to be the largest generational group of home buyers with a median age of 30 years old.
  • First-time buyers made up 32 percent of all home buyers, down from 33 percent last year.
  • Sixty-seven percent of buyers 35 years and younger were first-time buyers, followed by buyers 36 to 50 years at 26 percent.
  • The most common type of home purchased continues to be the detached single-family home, which made up 83 percent of all homes purchased.
  • Eighty-nine percent of… Read More
    Source: National Association of Realtors(R) Education

NAR Generational Survey: Millennials Increasingly Buying in Suburban Areas

WASHINGTON (March 9, 2016) – A growing share of homebuyers are millennials, and more of them are purchasing single-family homes outside of urban areas, according to the 2016 National Association of Realtors® Home Buyer and Seller Generational Trends study, which evaluates the generational differences1 of recent home buyers and sellers. The survey additionally found that although student loan debt is more prevalent among millennial buyers, they aren’t the generation with the largest… Read More
Source: National Association of Realtors(R) Education

NAR Generational Survey: Millennials Increasingly Buying in Suburban Areas

WASHINGTON (March 9, 2016) – A growing share of homebuyers are millennials, and more of them are purchasing single-family homes outside of urban areas, according to the 2016 National Association of Realtors® Home Buyer and Seller Generational Trends study, which evaluates the generational differences1 of recent home buyers and sellers. The survey additionally found that although student loan debt is more prevalent among millennial buyers, they aren’t the generation with the largest… Read More
Source: National Association of Realtors(R) Education

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