Homebuying Trends For 2017

Realtor.com has released their findings from their survey of buyer’s preferences, including reasons why they are choosing to buy a home.

Of buyers aged 25-34 the majority of them cited financial stability and the positive investment that home ownership brings. Older buyers, however, primarily cited having features that make the home more physically comfortable or enhance their daily living experiences as their top priority. Also, of the respondents that listed ‘considering retirement’ as their primary reason for moving this year, the age when this started to be top priority was as young as 45.

Other findings include:

• Older buyers would prefer an updated garage over an updated living room

• 40% of buyers age 25-34 think they will buy a townhouse or attached rowhouse

• 43% of shoppers searched for ranch style homes

• At every age group the vast majority of respondents were looking for a two-bathroom house.

Click over to the realtor.com site to see the full results.

 

For more info, click here.

 

Posted on 04/26/2017 in Uncategorized # homes for sale, houses for sale, real estate, real estate for sale