31% of all home buyers were first-time buyers*
92% of agents agree low interest rates continue to boost buyer demand in my market.^
$356,700: the median price of a U.S. home, a 14.9% increase from $310,400 the year prior, data from the National Association of Realtors’ existing-home sales report shows.^
53% of agents in Q3 report that inventory in their market is rising modestly. ^
76% of agents say that homes may still get multiple offers but with fewer bids per home.^
95% of agents report seller’s market conditions nationwide. It’s still a great time to sell a home!^
46% of agents say buyers will use savings amassed due to simplified living during the pandemic to afford homes in the current environment.^
45% of agents are seeing buyers turn to financial support from relatives or generational wealth to fund their home purchase.^
37% have seen buyers liquidate gains in stock market wealth since the beginnings of the pandemic to put toward a home.^
64% of agents in the Pacific region have seen a recent increase in ADUs/in-law units.^
