What Drives a Buyer to Select a Particular Home?
If you have ever wondered what drives a home buyer to select a particular home look no further. The American Housing Survey provides insight into the home buying process, and NAHB economist Heather Taylor broke down the data in a recent Eye on Housing blog post.
The survey shows the top two reasons for choosing a home were its size (cited by 76% of buyers) and room layout/design (74%). The house’s price and the neighborhood were each cited by 72% of home buyers.
For buyers of new homes, room layout/design, neighborhood, exterior appearance and construction quality tended to be even more important than for other types of buyers. Among first-time buyers, on the other hand, price was more often a consideration.
The Greater Hattiesburg Homebuilder Association, a chapter of the National Association of Home Builders, serves licensed builders, associates of the construction industry, and consumers in Marion, Lamar, Forrest, Covington and Perry counties. Our association focuses on formal builder education (MSBOC licensure and CPB certification), informing builders of market news,and giving builders the tools to respond to prospective legislation through our state counterpart, the Home Builders Association of Mississippi.
Membership in our association keeps builders accountable to consumers. The Greater Hattiesburg Home Builders Association is the name consumers trust when they look for a contractor.