According to information in the latest Realtors® Confidence Index, first time buyers were 32 percent of total buyers in February 2012. Normally first time buyers are in the neighborhood of 40 percent of total residential sales, according to NAR’s Profile of Home Buyers and Sellers.
Realtors® have reported that investors offering all cash-sales to sellers have crowded out first-time buyers in some cases. Unsuccessful first-time buyers typically continue their property search, sometimes making a number of bids before securing a property.
This post was last modified on %s = human-readable time difference 6:25 am
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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