4 Things to Know Before Buying a Home in a Homeowners' Association

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So you want to purchase a home in a community with a homeowners’ association. Many homebuyers love the idea of enforced community appearance, included maintenance like snow removal, recreational amenities, and association management, but here are a few things you should consider when planning to purchase a home within an HOA.

American Housing Survey Highlights Home Buyer Preferences | NAHB Now | The News Blog of the National Association of Home Builders

Filed in Economics, Sales & Marketing on August 10, 2015 • 0 Comments

If you have ever wondered what drives a home buyer to select a particular home look no further. The American Housing Survey provides insight into the home buying process, and NAHB economist Heather Taylor broke down the data in a recent Eye on Housing blog post.

The survey shows the top two reasons for choosing a home were its size (cited by 76% of buyers) and room layout/design (74%). The house’s price and the neighborhood were each cited by 72% of home buyers.

For buyers of new homes, room layout/design, neighborhood, exterior appearance and construction quality tended to be even more important than for other types of buyers. Among first-time buyers, on the other hand, price was more often a consideration  (see Graph 1 below).

View the full Eye on Housing blog post.

ACLICKHERE FOR THE REST OF THE STORYfrom american Housing Survey Highlights Home Buyer Preferences | NAHB Now | The News Blog of the National Association of Home Builders

American Housing Survey Highlights Home Buyer Preferences | NAHB Now | The News Blog of the National Association of Home Builders

What Drives a Buyer to Select a Particular Home?

Filed in Economics, Sales & Marketing on August 10, 2015 • 0 Comments

If you have ever wondered what drives a home buyer to select a particular home look no further. The American Housing Survey provides insight into the home buying process, and NAHB economist Heather Taylor broke down the data in a recent Eye on Housing blog post.

The survey shows the top two reasons for choosing a home were its size (cited by 76% of buyers) and room layout/design (74%). The house’s price and the neighborhood were each cited by 72% of home buyers.

For buyers of new homes, room layout/design, neighborhood, exterior appearance and construction quality tended to be even more important than for other types of buyers. Among first-time buyers, on the other hand, price was more often a consideration  (see Graph 1 below).

View the full Eye on Housing blog post.

CLICKHERE FOR THE REST OF THE STORY