Hello Gilodad,
"Price, home size, and neighborhood quality are the most important
factors affecting buyers' decision making.
?Home buyers indicated that price and home size were far more
important considerations than proximity to work, the city or schools.?
- 62 percent indicated that "the top concern was price,"
- 31 percent indicated that "finding a home in the right neighborhood
was the top priority.
- 7 percent of respondents said that "being close to work and
minimizing the commute was really important."
National Association of Home Builders
http://www.nahb.org/news_details.aspx?newsID=21
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Results from the National Association of Realtors(NAR) & National
Association of Home Builders (NAHB) Joint Survey:
Factors taken into account before purchasing your home
41% Price
39% Location
11% Home amenities
2% Proximity to work
1% Proximity to school
Importance of these factors if you were to buy a new home today -
62% Houses spread out
60% Less traffic neighborhood
55% Lower property tax
47% Bigger home
45% Bigger lot
44% Better schools
43% A good neighborhood
40% Less developed area
39% Away from City
35% House with more luxury features
28% Close to work
23% Getting to work more quickly
22% Recreational facilities
13% Closer to public transportation
10% Smaller house
9% Smaller lot
Importance each characteristic played in your decision to buy your current home:
89% Location
88% Quality of neighbors and neighborhoods
87% Price
73% Features of home
36% Neighborhood amenities
24% Proximity to work
22% Proximity to schools
20% Proximity to shopping
10% Ability to walk to schools
9% Ability to walk to shopping
http://www.realtor.org/SG3.nsf/files/NARNHABSURVEY02.PDF/$FILE/NARNHABSURVEY02.PDF
NATIONAL ASSOCIATION OF REALTORS
http://www.realtor.org/SG3.nsf/Pages/NARNHAB02Survey?OpenDocument
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Prospective Home Buyers Seek Better Information
?Prospective home buyers say they are unhappy with the information
available to them. Some don?t think they are seeing all the homes
available in their price range and complain about how difficult it is
to find detailed information about the homes they are interested in
buying. The chart below lists the top fears of homeowners and renters
who are planning to buy a home in the next year.?
Prospective Home Buyers? Fears:
Hidden / unknown costs
No control over the real estate process
Lack of information on financing options
No objective resource on the real estate process
Confusing terminology
http://www.keyfindings.com/healthcare/winter99.htm
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Buyers Fears
?Along with the excitement of owning a home for the first time comes
many fears. Buyers fear such things as choosing the wrong home,
getting into the wrong school district, not being able to resell if
they have to, overpaying for a home, discovering the need for
expensive repairs, and not being able to make their payments. Like the
confused buyer, the scared buyer is often reluctant to act.Buyers
think the largest purchase of their lives is their home. It isn't. The
loan is. ?
Reality Times
http://realtytimes.com/rtapages/19990318_buyerswant.htm
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Eight key questions home buyers want answered, one way or another,
before they are ready to buy your home.
Why is the seller selling?
http://tms.ecol.net/realestate/eight.htm#1
How much did the seller pay?
http://tms.ecol.net/realestate/eight.htm#2
How did you arrive at the asking price?
http://tms.ecol.net/realestate/eight.htm#3
What adversely affects the desirability of this house?
http://tms.ecol.net/realestate/eight.htm#4
Is there anything planned for the neighborhood that I should know about?
http://tms.ecol.net/realestate/eight.htm#5
Are there any "problem neighbors?"
http://tms.ecol.net/realestate/eight.htm#6
What past problems have you had with this property?
http://tms.ecol.net/realestate/eight.htm#7
Are the public schools here getting better or worse?
http://tms.ecol.net/realestate/eight.htm#8
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Concerns:
Housing affordability (ability to purchase a home).
Energy efficiency (home energy prices).
Sustainability (long-term impact of resources and conservation).
Commuting time and costs (gas prices).
Health (indoor air quality).
Safety (natural disaster; age and durability of house).
Housing obsolescence (outdated spaces; inability to maintain and repair).
Newport Partners LLC
http://www.newportpartnersllc.com/Builder2.html
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Search terms used:
"home buyers" top concerns price
"home buyers" top concerns survey
home buyers OR buyer poll OR survey fears OR concerns
I hope the information provided is helpful!
Best regards,
Bobbie7 |
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