Millennials surpassed baby boomers to make up the largest share of homebuyers last year, according to NAR’s latest Home Buyers and Sellers Generational Trends report.
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Category: NAR
NAR: Existing-home sales rise 3.1% in January
The median existing-home price for all housing types was $379,100, up 5.1% from $360,800 a year before.
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Examining homeownership rates across racial groups
A recent NAR report details the persistent gaps in homeownership rates among racial groups, particularly for Black buyers.
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NAR: Home prices rise across the country in the fourth quarter of 2023
Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.
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HomeServices asks the Supreme Court to review Sitzer-Burnett ruling
Months after being found liable in the now-famous Sitzer-Burnett trial, Berkshire Hathaway affiliate is asking the U.S. Supreme Court to review another ruling related to the case.
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December pending home sales surge past expectations
Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020.
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What the recent surge in single-family construction means for 2024
The growth in November housing starts was seen across all United States regions, including a notable jump of 16.3% in the South; starts were up 1.4% in the Midwest.
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Navigating the 2024 real estate market: Challenges, opportunities and empowering the next generation
New NAR president Tracy Kasper discusses the recent lawsuits against NAR before delving into a market forecast for 2024.
The post Navigating the 2024 real estate market: Challenges, opportunities and empowering the next generation appeared first on Atlanta Agent Magazine.
Navigating the 2024 real estate market: Challenges, opportunities and empowering the next generation
New NAR president Tracy Kasper discusses the recent lawsuits against NAR before delving into a market forecast for 2024.
The post Navigating the 2024 real estate market: Challenges, opportunities and empowering the next generation appeared first on Atlanta Agent Magazine.
Existing home sales fall 14.6% annually
The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.
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