The data indicate that most home buying decisions are made within a relatively short time.
This article first appeared in the
PB July 2002
issue of Pro Builder.
The data indicate that most home buying decisions are made within a relatively short time — 73% of new home buyers surveyed bought within six months of beginning their search, and 54% made their large, important and emotional purchase in only three months or less.
Recognizing the abundance of land deals available, the fact that banks are loosening their grip on distressed properties, and forecasts that show the housing market is finally on the road to recovery, most home builders believe now is a great time to be
A recent survey by Opendoor reveals that home buyers and sellers ages 55 and over are emotionally attached to their current homes—but enthusiastic about purchasing their new ones
The Silent Generation, aged 73 to 93 years, was the smallest homebuying age cohort in 2018, with a seven percent market share. These buyers are most likely to buy a home to be closer to friends and family.