National Association of Realtors (NAR)

NAR has found that the share of first-time homebuyers has contracted by 50% since 2007, as affordable inventory continues to run scarce for those just entering the market

A new National Association of Realtors poll reveals that the average median downpayment for a home was 19%, with first-timers buyers putting down just 10% of the purchase price, and repeat buyers putting down up to 23% of the purchase price

Home sales under contact remained relatively the same as August with an uptick in sales forecast on the horizon, as lower rates, improved affordability, and higher inventory begin to draw more buyers back into the market

Studies find that there are currently 36.7% more home sellers in the market than buyers — a near-record gap, which is good news for buyers who have an opportunity to negotiate and ask for concessions

Rate falls about 3.1% YoY in largest drop since 3Q 2021, report finds

Calls grow to reform tax law NAR says is ‘stifling market turnover, squeezing supply, and driving up prices’ of homes