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Report: Baby Boomers Are the Largest Generational Share of Homebuyers

Report: Baby Boomers Are the Largest Generational Share of Homebuyers

by Phil Hall | Apr 1, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Baby boomers are largest generational group of homebuyers, according to the National Association of Realtors’ (NAR) 2025 Home Buyers and Sellers Generational Trends report. The combined share of younger boomers (ages 60–69) and older boomers (ages 70–78) rose to 42%...
New Alabama Law Changes Timing of Buyer Agreements

New Alabama Law Changes Timing of Buyer Agreements

by Phil Hall | Mar 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new law signed on Friday by Alabama’s governor will no longer require buyer agreements before agents tour properties with a client. “Great news! Governor Kay Ivey has officially signed HB 230 into law!” announced the Alabama Association of Realtors (AAR) in a social...
The Era of Instant Gratification: How It Impacts Homebuyers and the Role of Real Estate Agents

The Era of Instant Gratification: How It Impacts Homebuyers and the Role of Real Estate Agents

by John G. Stevens | Dec 30, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

We live in an age where instant gratification has become the norm rather than the exception. With the click of a button, we can access information, purchase items, and even watch entire seasons of TV shows without waiting. Social media platforms, online shopping, and...
Investor Home Purchases Recorded Biggest Increase in 2 Years

Investor Home Purchases Recorded Biggest Increase in 2 Years

by Phil Hall | Aug 15, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Investor purchases of homes shout up by 3.4% year-over-year in the second quarter, according to new data from Redfin (NASDAQ:RDFN). This marked the largest increase since the second quarter of 2022. Investors acquired $43 billion worth of homes in the second quarter,...

California Bill Would Mandate Time Limit on Homebuyer Agent Contracts

by Phil Hall | Aug 13, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bill in the California legislature could create a three-month time limit on the homebuyer agent contracts required under the National Association of Realtors (NAR) settlement. The San Jose Mercury-News reported Assembly Bill 2992 would require the contracts...
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