By: Jerika P – i-Lead Realty Social Media Manager
There are various types of reasons why Texans purchase both new and previously owned homes, according to a report from the 2022 Texas Homebuyers and Sellers. 37% want to avoid remodeling or issues with the plumbing or electricity, while 28% enjoy the amenities of new home communities, 25% want to customize the design of their home, 19% like it because it is economical, and both 15% have other motivations in addition to the lack of inventory of previously owned homes.
For previously owned homes, 40% want the overall value, 36% prefer them because they are cheaper, 20% like them for their charm and character, 18% want them because there aren’t enough new homes on the market, and 24% want them for other reasons.
It shows that there are a variety of motivations Texas homebuyers favor these particular residences. Since you’ll be living in a house for the foreseeable future, everything ultimately comes down to your preferences. These percentages are all fairly equal, meaning one reason doesn’t overshadow the rest.
Buyers: Whatever your motivations for buying a home are, we are here to help. We want to listen to your needs and ensure we find a home that meets them. Contact us today to talk to one of our Real Estate Advisors so we can help get you into your next home.
Agents: It’s important to understand your buyer’s motives for wanting to find a home. Because humans don’t do something without a motivation, but the motivation needs to be strong enough for things to happen. If you don’t know your buyer’s motivation, then you could miss out on helping them find their dream home. If you are unsure how to approach that question talk to us and we can help you develop a strategy and script for learning their motivation. Contact us here
Source:
https://www.texasrealestate.com/wp-content/uploads/2022TexasHomebuyersSellersReport.pdf
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