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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 | Current News & 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%...
NAR: Black Homeownership Rate Rising, But Still Below Other Demographics

NAR: Black Homeownership Rate Rising, But Still Below Other Demographics

by Phil Hall | Mar 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data published by the National Association of Realtors (NAR) has determined the Black homeownership rate experienced the greatest year-over-year increase in 2023 among racial groups, but it was still lower than the rates recorded by other demographics. The Black...
NAR: Number of First-Time Homebuyers at Historic Low

NAR: Number of First-Time Homebuyers at Historic Low

by Phil Hall | Nov 4, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The share of first-time homebuyers has dropped to a historic low of 24%, according to data from the National Association of Realtors (NAR). One year ago, the share was 32%. At the same time, homebuyers’ ages hit all-time highs of 56 years overall in 2024, up from 49...
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