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Housing News

2008 NAR Buyer/Seller Profile Announced

In August 2008, the National Association of Realtors received questionnaire results from 10,053 home buyers and sellers who transacted between July 2007-June 2008 which resulted in the 2008 NAR Profile of Home Buyers and Sellers. The most surprising result is that first-time buyers have risen in market share and say they plan to own their homes longer than buyers in the past.

I’ve bullet-pointed the report for you since it’s really really long, so click here to check it all out– the study presented a LOT of surprises, so make sure to read it so you know what’s going on in the wonderful world of real estate.

Lani is the COO and News Director at The American Genius, has co-authored a book, co-founded BASHH, Austin Digital Jobs, Remote Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

5 Comments

5 Comments

  1. Russell Shaw

    November 8, 2008 at 11:07 pm

    To think that I used to actually pay $50 + shipping for this information. The booklet would sit on my desk for about a year (unread) before I moved it.

    I got more out of your analysis than I ever did out of the booklet. So now I am glad we paid for dinner that first time.

  2. Benn Rosales

    November 9, 2008 at 7:32 am

    Russell, I hope you made it over to news to read, we’ve broken it down to bullets- very very telling stuff in there- lots to write about!

  3. Jim Grapes

    November 9, 2008 at 11:38 pm

    It will take some time to digest all these statistics looking for various ways to use the information to serve clients better.

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