Get Home Buyers Moving?
Get Home Buyers Moving?
Get Home Buyers Moving? Image courtesy of Ambro / FreeDigitalPhotos.net
What’s finally getting some home buyers off the sidelines? A recent poll of more than 1,000 prospective home buyers conducted by Discover Home Loans asked what changed to finally move them into the home buying process.
Here were their top 10 most common responses:
- “I needed a bigger home”: 25%
- “I want to live in a better neighborhood”: 24%
- “My family circumstances changed so that I really needed a new home”: 22%
- “I achieved enough financial stability to make it possible”: 22%
- The homes for sale on the market became more affordable: 20%
- “I improved my credit sore to qualify for a better mortgage”: 20%
- Mortgage rates and lending options became more affordable: 18%
- “I achieved enough savings for a down payment”: 17%
- More homes became available for sale on the market: 16%
- “Mortgage rates started rising, so I wanted to catch them while they were still low”: 13%
Source: Discover
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