The time has come, finally. You are about to enter your first time…buying a house! This can be a very scary yet exciting time in ones life. It is imperative as agents that we are aware of some of the expectations new home buyers have when they venture into buying their first home. Some things will always remain the same, but as generation X & Y enter into the Real Estate world it is important to know some of the top things they are looking for when purchasing their first home. I came across a survey that was done earlier in the year by Coldwell Banker that uncovered what’s import to first-time buyers. The top 3 things that most first-timers looked for was;
~ 78% of respondents said a home had to be in an area convenient to shops and services.
~ 3 quarters of buyers said it was important to be close to their workplace.
~ Nearly 2/3 said it was important to be near “highly rated” schools.
Were these things you looked for when you set out to buy your first home or did you have a completely different idea of what you wanted compared to what they want nowadays?
And thank you for making me Your Orange County Real Estate Connection.
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900