High financing costs, geopolitics and AI innovations are among the most pressing topics facing real estate in the year ahead, the Counselors of Real Estate said.
A record high 26% of buyers paid cash for their home and 17% purchased a multigenerational home, according to NAR’s new 2024 buyers and sellers profile.
Rentership rates are lower in metros where it’s been more affordable to buy a home. Cape Coral has the lowest share of renter households among the metros analyzed.