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Health & Fitness

Primary Reasons That Home Buyers Purchased a Home

Regina P. Brown, Neighbor

According to National Association of Realtors® Report, first home buyers were driven by many forces, both internal and external.  Their reasons for purchase included:

  • Desire to own a home of my own
  • Desire for larger home
  • Job-related relocation or move
  • Change in family situation
  • Affordability of homes
  • Desire to be closer to family/friends/relatives
  • Desire for a home in a better area
  • Retirement
  • Desire for smaller home
  • Desire to be closer to job/school/transit
  • Establish household
  • Greater number of homes on the market for sale/better choice
  • Financial security
  • Desire for a newly built or custom-built home
  • Purchased home for family member or relative
  • Tax benefits

Read more in our book, http://tinyurl.com/dy2wjx4.


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