2022 National Association of REALTORS® Survey of Homebuyers!

By | December 19, 2022

2022 National Association of REALTORS® Survey of Homebuyers!

For homebuyers, much of 2022 was a frustrating time of limited inventory and sky-high prices, where the sellers controlled much of the narrative.

The scenario changed later in the year, and although a lack of inventory still prevailed, pricing power moved more to the buyer as an almost doubling of mortgage rates reduced home affordability even further than it had already been.

This NAR survey examines:

– Characteristics of Home Buyers

– Characteristics of Homes Purchased

– The Home Search Process

– Home Buying and Real Estate Professionals

– Financing the Home Purchase

– Home Sellers and Their Selling Experience

– Home Selling and Real Estate Professionals

– For Sale by Owner (FSBO) Sellers

Read the results in more detail here: https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers.


If you’re buying commercial or residential real estate in New York there is some good news…

Remember that all title insurance is NOT the same, and it’s your right to choose the company you would like to work with!

Hallmark Abstract Service LLC…You Buy, We Protect!

Read about key differentiating factors among New York title insurance providers, in the article ‘Are New York Title Insurance Providers All The Same?’ here https://www.hallmarkabstractllc.com/?p=10321.

Have questions? Reach out to Hallmark Abstract Service at (646) 741-6101 or send us an email at info@hallmarkabstractllc.com.

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