Trulia: American homebuyers prefer new homes 2 to 1
May 15, 2014
A new survey from Trulia (TRLA) shows that 41% of Americans would prefer a new home, 21% would prefer an existing home, and 38% would have no preference, all things including price being equal.
Why do more people prefer new homes? The top reasons are modern features and the chance to customize the home,” said Jed Kolko, Trulia’s chief economist. “Fewer people prefer existing homes, but those who do point to traditional features and living in a more established neighborhood. For many people, the best of all worlds might be a newly built home in an older neighborhood.”
<a href=”http://www.trulia.com/trends/2014/05/new-or-existing-home/”/>The full report is here.</a>Tags: Real Estate News
This post was written by Sandcastle Homes