Per a report from the National Association of Realtors, here are top reasons why people purchase a home:
Top Reasons Why People Purchase a Home
- Desire to own a home
- Desire a larger home
- Need to relocate for a job
- Change in family situation
- To be closer to family and friends
- Desire a better area
- Desire a smaller home
- Close to job/school/transit
Why Purchase a Home Now?
Homes are affordable! Mortgage interest rates are still low and although housing prices have started to rise, our market areas still show a great value in housing costs. People can still get a lot of home for a good price.
Data source: National Association of Realtors – 2013 Profile of Home Buyers and Sellers