NTX Realty Group

Something to think about.

NAR Finds Share of First-Time Home Buyers Smaller, Older Than Ever Before • At just 26%, the share of first-time buyers was the lowest since NAR began tracking the data. The typical first-time buyer was 36 years old – an all-time high. • The median distance between the home that recent buyers purchased and the home from which they moved was 50 miles – a record high and more than a three-fold jump from a median of 15 miles from 2018 through 2021. The shares of homes purchased in small towns (29%) and rural areas (19%) were all-time highs. • Nearly nine in 10 buyers (86%) and sellers (87%) purchased or sold a home using a real estate agent or broker. #NARHBS

Can't predict the future but here is some intreesting information.

Christopher Williams, Agent
Coldwell Banker Apex, REALTORS
972-342-3995

2022 Housing Market Forecast [INFOGRAPHIC] Some Highlights What does the coming year hold for the housing market? Here’s what experts project for 2022. Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they climb, creat...