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New Survey: Buyers More Likely To Buy Existing Homes Vs. New Construction
March 8, 2019
Many people believe that when it comes to real estate, buyers want something brand new. But according to a recent report, the vast majority of buyers end up purchasing existing homes.
According to the New Construction Consumer Housing Trends Report 2018, only 38% of buyers in 2018 even considered purchasing new construction. And the percentage that ended up buying a brand new home? Only 11%.
The Takeaway
If you’ve been thinking about selling your house, now is a great time to make a move. With 89% of buyers ultimately purchasing existing homes, your property is exactly what a huge portion of buyers are looking for.
Real Estate and *stuff * 