The National Association of Realtors recently published its 2017 Aspiring Home Buyers Profile, an examination of non-homeowners, using survey results.Some of the highlights are: Of non-owners, 59 percent were 34 years old or less. Of non-owners, 63 percent felt that now was a good time to buy 8 of 10 non-owners thought that homeownership is part of the American Dream Of the main reasons for not owning a home, 55% said they can't afford one, 22% responded that they need the flexibility of renting. S... read more

Predictions for residential real estate are challenged by the increasing opacity brought on by mortgage rate increases, a stronger dollar, a new presidential administration and demographic trends that are not well understood, such as the demand for housing by millennials.  In some minds, if increasing interest rates are a response to an improving economy, either through Federal Reserve increases or market responses, on the net, housing demand may remain robust. In other views, homebuyers may have be... read more