Good news for Homeowners: Buyers now prefer Existing Homes
Buyers are now shifting their preferences back to existing homes from new construction. According to the latest Consumer Confidence Survey, it reveals that the percentage of buyers planning to buy and buying a newly constructed home has lowered. NAHB confirms this sentiment in their latest Housing Trends Report. The organization explains that existing homes are now the top preference among today’s buyers. Here’s a breakdown of those findings: Why the shift? There are several