A recent surveys show:

Baby Boomers want high speed internet and to live near grocery stores and hospitals. Over 90% said they plan to stay in their own home.

70% of homeowners in their home for 10+ years aren’t moving because they like their home. Another 21% don’t want the hassle of a move. 

NAR found that 40% of potential millennial home buyers would start their property search online, while 15% said they would call an agent first.

Since the housing market tends to reflect what is happening in the economy, consumer inflation was less threatening in February according to the recent CPI data. If inflation rises too quickly, mortgage rates could follow. The Fed is expected to raise policy rates at next week’s meeting, however the change has already been priced into mortgage rates and likely won’t have further impact.