Nowadays, a costly lifestyle doesn't appeal to everyone anymore. New and existing homeowners, even first-time home buyers are thinking into the more practical side of things.
According to an article on marketwatch.com, a survey conducted on about 2,000 adults regarding home buying choices was recently concluded by the Harris Poll for Trulia.com. The results proved to be more realistically geared towards families who have children below 18 years of age, which comprised 75%, compared to 69% for singles who have no kids yet.
About 35% of the population surveyed said that they were able to successfully purchase their "American Dream" home already. Fourteen percent said of buying a new home by next year, while 69% are willing to wait to do so in the next couple of years. Most people also chose to search for homes requiring less interior/exterior work compared to those homes that are older, making for 18% in the survey.
Still in the same article, these reasons motivated for these newest lifestyle choices:
"Most people want a mid-sized, modern home in the suburbs with a backyard deck..Americans are pretty realistic and practical when it comes to what they want in their dream home," according to Selma Hepp, Trulia's chief economist. About 59% (Gen-Xers group) want a backyard deck, whilst 45% (Millenials) prefer having balcony views. This shows homeowners aren't shying away from still wanting the most out of home amenities.
Big-time billionaires like Facebook CEO Mark Zuckerberg have established a following from American home buyers in terms of choosing to live in the suburban area with homes that are comfortable enough for a middle class family. Forty-four percent of survey respondents are likely to choose between a home that is not too small or too big to dwell in, as stated in the same article.
In another report from admin.nahb.org, exterior appearance, construction quality, and the neighborhood are becoming more important when considering buying a new home for these buyers.
Read more on these life-changing home buying choices by clicking here
