5 Traits of Today's Home Buyers!!!!!

By
Real Estate Agent with Boston Luxury Residential


A survey by American Lives, a consumer research firm in California, conducted a study for the trade magazine Builder to answer that question. Here are their conclusions:

· They are young. Most are under 45. Half said they had annual household incomes of $75,000 or less. Two-thirds are married.
· They are frugal. They consistently told surveyors they were eager to live a simple lifestyle.
· They are concerned about their financial future. About 70 percent said the economy is “not so good” with 27 percent saying it was getting worse and 27 percent saying it was getting better, and two-thirds saying it would get better in a year. Some 55 percent said they were concerned that they might lose their jobs.
· They see themselves as energy efficient but not necessarily “green.” About 32 percent said they’d pay extra for energy-efficient features but only 16 percent said they’d pay extra for recycled or renewable construction materials.
· Neighborhood is important. Ninety-five percent said they thought the community was as important as the home itself. Seventy-nine percent wanted the most square footage they could afford, but 69 percent said they’d consider a smaller home in the right neighborhood.

Source: Inman News, Mary Umberger (10/27/2010)

Posted by

C.H. Naamad
Broker

Boston Luxury Residential
BostonLuxuryResidential.com
ch@blrboston.com
Cell: 617-407-9740

 “If you have any questions about Boston real estate, or desire more information about a property, please contact Boston Luxury Residential: C.H. Naamad:  617-407-9740, or email @ ch@blrboston.com  to begin working for you.”  

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Topic:
Home Buying
Location:
Massachusetts Suffolk County Boston
Tags:
home buying

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Rainmaker
434,092
Gay E. Rosen
Honest, Hardworking and always Professional!
Houlihan Lawrence

Hi C.H.: Sounds like your survey was spot-on... Best, Gay

October 27, 2010 09:20 PM
Rainmaker
405,885
Randy Ostrander
Real Estate Broker, Serving Big Rapids and West Central MI
Lake and Lodge Realty LLC

Does sound like you have the pulse of the modern buyer. Nice job.

October 27, 2010 09:35 PM
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Rainmaker
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C.H. Naamad

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Additional Information

Boston Luxury Residential is a boutique real estate firm that specializes in Boston Luxury condo sales, Boston Luxury apartment rentals, Boston Luxury buildings, and relocation services to Boston in Back Bay, South End, Beacon Hill, Waterfront, Seaport District, Brookline, or Cambridge.