The 2013 REALTOR® Nationwide Open House, the largest-ever international open house campaign, will be held on April 20 and 21. Below is some open house information from our annual profile of home buyers and sellers: Repeat buyers are more likely to … [Read more...]
A Few Green Features for St. Paddy’s Day
• Home buyers were recently asked about the importance of green features to their home purchase. Not surprisingly, features that directly affected home buyers’ monthly energy costs were most important to buyers. Buyers found heating and cooling … [Read more...]
Profile of Home Buyers and Sellers: Reasons to Buy
Although the demographics of home buyers often shift to reflect changes in the market, the motivations to make a home purchase are largely constant from year to year. The primary reason to purchase a home remains the desire to own a home of one’s … [Read more...]
2012 Profile of Home Buyers and Sellers: Most Difficult Task for FSBO Sellers
Sellers are turning to agents to help sell their homes at higher rates than in the past – 88 percent of home sales were agent-assisted compared to 82 percent in 2004. Only nine percent of recent sellers reported selling their homes as a FSBO … [Read more...]
Neighborhood Choice
For the past several years, the top factor influencing where a buyer purchased a home was the quality of the neighborhood. Convenience to work was the second most significant factor with just under half of buyers citing its importance. Affordability … [Read more...]
Home Buyer Compromises
Recent home buyers are often willing to make sacrifices when purchasing a home. The most common sacrifices are compromising on the price, size and condition of the home they purchased. Those who have children under the 18 in their home are the least … [Read more...]