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WHICH BUYERS WILL BE LEADING THE HOUSING MARKET RECOVERY?

Where are the majority of home buyers going to coming from in the most near future and what are they going to be looking for?  Statistics show they will be leaning towards a "GREEN HOME" the highest rating a home can earn within the Leadership in Energy and Environmental Design program.  A link you might want to visit is:

http://blog.hgtv.com/greenhome/2011/03/07/hgtv-green-home-earns-platinum-status/

Young families from ages 31 to 45 are going this way according to the National Association of Home Builders.  With so many foreclosures, short sells and enticing low interest rates, many are ready to buy and have a pretty good idea of what they want. 

The older baby boomers are still waiting for the market to improve and many delaying retirement until it does before they purchase their second home or retirement home.

85 to 89 percent of potential buyers in the larger metro areas are very optimistic about purchasing a new home and feel that now is a good time to buy.  Only 13 percent said they thought home prices would continue to fall

The younger Generation X has strong opinions about the design and structure of their new home and it will be definitely “GREEN” home surveys show.

HAVE FUN WITH THIS INTERACTIVE HOME TOOL

http://www.hgtvpro.com/hpro/pac_ctnt/text/0,2595,HPRO_20196_101012,00.html

Have a wonderful productive day!

Published Wednesday, March 23, 2011 10:58 AM by Ron Harmon, Broker

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# re: WHICH BUYERS WILL BE LEADING THE HOUSING MARKET RECOVERY? @ Sunday, November 26, 2017 10:32 PM

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Roy

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