Buyers and sellers have changed what they want in a home, and how they use their home, how they search for a new home, and the relationship to the agent. The housing market has roared in a pandemic induced boom, but now the changing economic environment has returned to some normalization. Buyers are facing higher mortgage rates coupled with rising prices and have struggled to find the perfect home. Alas, some have found creative ways to enter the market. Demographics have shifted. Who is today’s home buyer and what do they want from their real estate agent or broker?
Presented by: Dr. Jessica Lautz, NAR
Deputy Chief Economist and Vice President of Research, Washington, DC