NAR Releases 2023 Profile of Home Buyers and Sellers

by kerrys

In the face of high interest rates and rising home prices, the typical buyer’s income rose 22% to $107K. 1 out of 3 (32%) was a first-time buyer, and 89% used an RE agent.

Categories

Recent Posts

Tips for Residential Sales with a Tenant-Occupied Property
Tips for Residential Sales with a Tenant-Occupied Property
Case of the TBD Escrow Agent
Case of the TBD Escrow Agent
HUD changes guidance on emotional support animals
HUD changes guidance on emotional support animals
FHA changes could help buyers, rehab deals
FHA changes could help buyers, rehab deals
What Happened at NAR RLM in D.C.?
What Happened at NAR RLM in D.C.?
Pricing missteps cost sellers at closing, data shows
Pricing missteps cost sellers at closing, data shows
Today's market favors agents who adapt
Today's market favors agents who adapt
Lowest Mortgage Rates Since May 14th
Lowest Mortgage Rates Since May 14th
Average 30-year rate holds near 6.5% for sixth straight week
Average 30-year rate holds near 6.5% for sixth straight week
Florida investor loans signal steady demand
Florida investor loans signal steady demand

Share on Social Media

GET MORE INFORMATION

Beverly Amerman
Beverly Amerman

Broker Associate | License ID: BK3235075

+1(609) 381-2153

1140 S International Pkwy, Lake Mary, FL, 32746, USA

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from LPT Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.