RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

NAR: Homebuyers Optimistic, but Economy Gives Pause

Home Industry News
By RISMedia Staff
September 24, 2019
Reading Time: 2 mins read

Sixty-three percent of Americans are confident in their home-buying prospects today, but just 34 percent favor it “strongly,” a dip from earlier this year, according to the National Association of REALTORS® Housing Opportunities and Market Experience (HOME) Survey, new for Q3 2019.

A determining factor? Income. Of Americans earning less than $50,000, 54 percent favor home-buying today, according to the survey—however, as incomes rise, so does positive sentiment. Among $50,000-$100,000 earners, 65 percent believe now is a good time to buy, and for $100,000 earners, that figure leaps to 72 percent.

The correlation prevailed for sellers, too. Of $100,000-earning households, 82 percent believe now is a good time to sell, compared to 64 percent in the under-$50,000 group.

“Not surprisingly, as incomes increase, the process of buying a home is less of a strain,” Lawrence Yun, chief economist at NAR, says. “This has always been the case, but in this third quarter survey, we see it to an even greater extent—high earners are more open to buying a home.”

Overall, the economy is positively progressing, according to 52 percent of respondents to the survey; however, 51 percent of millennials believe the opposite. The most optimistic? The Silent Generation, at 54 percent, who also have the highest housing market optimism, at 75 percent.

“Mortgage rates are at historically low levels, so I see no sign of the optimism about home-buying fading,” says Yun. “However, the fact that slightly fewer are expressing strong intensity compared to recent prior quarters is implying some would-be buyers have concerns about the direction of the economy.”

For more information, please visit www.nar.realtor.

Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at sdevita@rismedia.com.

ShareTweetShare

RISMedia Staff

Related Posts

Agents Receive $5.2 Million Boost to Bottom Line through Financial Wellness Program
Industry News

Agents Receive $5.2 Million Boost to Bottom Line through Financial Wellness Program

October 24, 2025
Rayse and San Francisco Association of Realtors® Announce Partnership
Industry News

Rayse and San Francisco Association of Realtors® Announce Partnership

October 24, 2025
Don’t Coast Into Q4—Accelerate Into 2026
Industry News

Don’t Coast Into Q4—Accelerate Into 2026

October 24, 2025
consumer
Agents

Consumers Less Worried About Interest Rates in Connection to Homebuying

October 24, 2025
Mortgage
Economy

Mortgage Mix: loanDepot Sues West Capital Lending Over Trade Secrets and Contracts

October 24, 2025
sounds
Agents

Now Hear This! 7 House Sounds Buyer and Seller Clients Shouldn’t Ignore

October 24, 2025
Please login to join discussion
Tip of the Day

Create a Culture Agents Never Want to Leave

Learn how to define your value, set clear expectations and build accountability systems that grow profit and loyalty. Register early and save (use code EBSAB26 to save 25%)

Business Tip of the Day provided by

Recent Posts

  • Agents Receive $5.2 Million Boost to Bottom Line through Financial Wellness Program
  • Rayse and San Francisco Association of Realtors® Announce Partnership
  • Don’t Coast Into Q4—Accelerate Into 2026

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X