Repeat buyers tend to be choosier than first-time buyers. In particular, repeat buyers place much more emphasis on these home features:
Fireplaces and air filtration systems
Bay windows and finished basements
Oversized garages and master bedroom walk-in closets
Backyards and proximity to entertainment
Within three months after buying a home, nearly half of all buyers remodeled or made improvements to which part of the house?
Which home feature saw the biggest jump in buyer popularity since 2004, when NAR conducted its previous buyer preference survey?
High-speed Internet access
What three features did buyers say they’d be most willing to pay extra for in a home?
Proximity to work, a wooded lot, and a backyard or play area
Whirlpool baths, proximity to schools, and a deck
A corner lot, a lawn sprinkler system, and high-end kitchen appliances
Central air conditioning, walk-in closets, and hardwood floors
A home’s energy efficiency is most important to which segment of buyers?