Latest Statistics And Trend Of New Home Purchase

February 12, 2010 by srgproperty
Filed under: real estate investor

Only a few homes have been sold within the last year or so, due to home buyers finding foreclosed homes cheaper in light of the recent recession. Analysis in the property market has but established that consumers currently like ‘green’ homes to luxury homes with non-green additions.

49% of these looking to purchase homes, prefers homes containing devices that aid energy saving like solar panels over luxury features. Solely 31% of these interviewed choose luxury features.

The neighborhood, were the new home is located, is also an important consideration. Folks like their new homes to be in areas with low crime rates and in close proximity to their place of work. Solely six percent of respondents would be ready to sacrifice their proximity to shopping malls, while three percent of folks would sacrifice their proximity to public transportation, like bus routes.

Significantly, more respondents, compared to previous surveys are prepared to sacrifice personal comfort so as to be able to afford a new home.

Despite the money issue a new home purchase would bring, eighty-one percent of folks interviewed still wish to purchase new homes. After the elections in the United States, researchers predict a hike in the property industry.

Several folks are looking to buy a brand new house within the years leading up to 2014 and since the recession is over; now is the time to do that.

It’s a tremendous feeling when you purchase your initial home. Buying ‘off the plans’ is best still as you get to pick from several choices, from styles, to colors, tiles and fixtures.

Developers specializing in developing new homes prefer hiring in-house real estate agents that they pay a commission for the agent to represent Silagra them. But, with the high volume of latest home developments all over the world, real estate agents that sell new developments earn a lower commission on new home sales than on typical home sales. Due to this, a number of them pressure their clients into signing. It’s continually a smart plan to fastidiously choose your own real estate agent who can disclose drawbacks regarding your new home before you sign anything.

A developer’s agent may be less possible to disclose some of the negative aspects to you.

Developers often prefer their own lender, as they will keep the developer fully informed of your personal progress. Be certain to seek out a reputable lender whom you’re feeling comfortable with.

Should you also prefer a ‘green’ home, choose a real estate agent who knows much regarding green and other environmental problems to assist you in securing the perfect green home that will suit you best.

Most green homes are a lot more compact than ‘traditional’ homes, thus continue searching and make sure that you discover a green house in the right size for your family.

Green homes use solar power to generate energy and low flow bathrooms which save on water. Double paned windows and other building materials are manufactured from materials that are environmentally friendly and do not have negative effects on our environment.

Invest in your family’s future by buying your own residence.

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