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...]
Expected Tenure in Home
Forty-three percent of recent buyers were unsure of how long they expected to own their home. The typical buyer estimated they would live in their home for 15 years, a large increase from the estimated 10 years recorded in the 2010 report. First-time … [Read more...]
