The NAR Report: What it Means for the Housing Market

During this episode, you will learn about:

[01:40] The National Association of Realtors Report.

[01:58] What this report is about, and who is the target audience.

[03:08] Statistics of marital status and homebuying behaviors.

[05:30] Here’s a business opportunity for Realtors: the “single women” niche.

[08:13] Statistics on first-time homebuyers.

[10:20] Find a way of helping with down payments, and you’ll be in business.

[12:33] Statistics on the internet searching for homes.

[13:52] Why building Realtor relationships is key.

[16:46] Reasons why people buy or sell their homes.

[18:28] Key takeaways from this episode.

[19:55] Episode wrap-up and calls to action.

Notable Quotes

• Understanding data puts you in a better place to spot opportunities.
• Understanding demographics positions you for success.
• Accumulating a down payment is the biggest obstacle for first-time homebuyers.