Less new homes have been sold in the last year or so, due to home buyers finding foreclosed homes more affordable in light of the recent recession. Research in the property market has however established that buyers now prefer 'green' homes to luxury homes with non-green additions.
Forty nine percent of those looking to buy homes, preferred homes containing devices which aid energy saving such as solar panels over luxury features. Only 31 percent of those interviewed preferred luxury features.
The neighborhood, in which the new home is located, is also an important consideration. People prefer their new homes to be in areas with low crime rates and in close proximity to their place of work. Only 6% of respondents would be prepared to sacrifice their proximity to shopping malls, whilst 3% of people would sacrifice their proximity to public transportation, such as bus routes.
A significant amount of respondents, as compared to prior surveys would sacrifice their personal comforts to enable themselves to purchase new homes.
Despite the fact that 81 percent of interviewees will face significant financial difficulty when they purchase new homes, a positive change is predicted in the property market after the US elections.
Many respondents wish to buy a new home in the next 5 years and with the recession coming to an end; it may now be time to do just that
It is an amazing feeling when you buy your first home. Buying 'off the plans' is better still as you get to choose from so many options, from designs, to colors, tiles and fixtures.
Developers specializing in new homes hire their own real estate agents that are paid a commission to represent them. The high volume of new home developments means that real estate agents who sell for new developments earn a significantly lower percentage of commission on new homes than on normal home sales which means that some use high-pressure tactics to try persuade prospective buyers to sign the sales contract. It is therefore a wise move to choose your own real estate agent who will have your interests at heart and therefore tell you about drawbacks associated with the sale of this property.
A developer's agent may be less likely to disclose some of the negative aspects to you.
The developer may also want to use his or her own lender for financing, as this allows the developer to stay informed as to the progress of your loan application. Your lender should be reputable and you should feel at ease around him or her.
Should you also prefer a 'green' home, enroll a real estate agent who knows much about green and other environmental issues to help secure the ideal green home that will suit you.
Most green homes are more compact than 'normal' homes, so look around and make sure that you find a green house in the right size for your family.
Green homes use solar power to generate energy and low flow toilets which save on water. Double paned windows and other building materials are manufactured from materials that are environmentally friendly and don't have negative effects on our environment.
Go ahead and buy your new residence - it will be an investment in your future and that of your family's. - 31904
Forty nine percent of those looking to buy homes, preferred homes containing devices which aid energy saving such as solar panels over luxury features. Only 31 percent of those interviewed preferred luxury features.
The neighborhood, in which the new home is located, is also an important consideration. People prefer their new homes to be in areas with low crime rates and in close proximity to their place of work. Only 6% of respondents would be prepared to sacrifice their proximity to shopping malls, whilst 3% of people would sacrifice their proximity to public transportation, such as bus routes.
A significant amount of respondents, as compared to prior surveys would sacrifice their personal comforts to enable themselves to purchase new homes.
Despite the fact that 81 percent of interviewees will face significant financial difficulty when they purchase new homes, a positive change is predicted in the property market after the US elections.
Many respondents wish to buy a new home in the next 5 years and with the recession coming to an end; it may now be time to do just that
It is an amazing feeling when you buy your first home. Buying 'off the plans' is better still as you get to choose from so many options, from designs, to colors, tiles and fixtures.
Developers specializing in new homes hire their own real estate agents that are paid a commission to represent them. The high volume of new home developments means that real estate agents who sell for new developments earn a significantly lower percentage of commission on new homes than on normal home sales which means that some use high-pressure tactics to try persuade prospective buyers to sign the sales contract. It is therefore a wise move to choose your own real estate agent who will have your interests at heart and therefore tell you about drawbacks associated with the sale of this property.
A developer's agent may be less likely to disclose some of the negative aspects to you.
The developer may also want to use his or her own lender for financing, as this allows the developer to stay informed as to the progress of your loan application. Your lender should be reputable and you should feel at ease around him or her.
Should you also prefer a 'green' home, enroll a real estate agent who knows much about green and other environmental issues to help secure the ideal green home that will suit you.
Most green homes are more compact than 'normal' homes, so look around and make sure that you find a green house in the right size for your family.
Green homes use solar power to generate energy and low flow toilets which save on water. Double paned windows and other building materials are manufactured from materials that are environmentally friendly and don't have negative effects on our environment.
Go ahead and buy your new residence - it will be an investment in your future and that of your family's. - 31904
About the Author:
Buying a new house is often a convenient reason for relocation. As such, prospective buyers may be interested in finding a Guelph home or a Kitchener new home.
