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Future of U.S. Housing Markets Depends Largely on Echo Boomers

There are approximately 62 million echo boomers in the U.S. Also called "millennials," echo boomers are currently ages 17-31. According to the 2011 National Association of Realtors® Profile of Home Buyers and Sellers, younger home buyers - those ages 18-34 - represent 31 percent of all recent home purchases.

Housing and Economic Forecast Brightens

Positive underlying economic factors are helping relieve a pent-up housing demand, according to a presentation at a residential real estate forum at the Realtors® Midyear Legislative Meetings & Trade Expo here.

Realtors® Raise Awareness at Real Estate Rally

An estimated 15,000 Realtors® converged on the grounds of the Washington Monument today to make their voices heard on behalf of homeowners, real estate investors, and those who aspire to homeownership.

Housing Mortgage Market Reform Key to Housing Recovery

A sustainable housing recovery requires that policymakers move forward with the difficult decisions regarding the future of the mortgage market, Federal Reserve Board Governor Elizabeth Duke told Realtors® at a joint Real Estate Services and Regulatory Issues Forum May 15.

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