RE/MAX Study: Community Cited as Most Important Factor in Home Purchase Metro Detroiters disclose key decision factors when looking to purchase a new home
RISMEDIA, July 18, 2006—Thirty-nine percent of metro- Detroit homeowners state that the most important consideration in the purchase of their current home was the surrounding community. This finding is according to the 2006 RE/MAX of Southeastern Michigan study of Oakland, Wayne, Macomb and Monroe county residents.
According to the RE/MAX study, affordability is the second most important consideration when purchasing a new home. Placement of the home in the community follows, with the square footage of the home and school district considerations completing the top-five list.
"Choosing a home is a major life decision," said Jeanette Schneider, vice president and co-regional director of RE/MAX of Southeastern Michigan. "For many buyers, the actual location of a home is more important than the architectural features and finishes. Because of this, it is imperative that buyers do their research, determine what location works best for them and communicate this with their real estate agent."
In addition to simply liking a community, it is essential for a buyer to know and understand the dynamics of the area where they plan to buy. There are many things to consider when looking at a home, including location to retail centers and proximity to busy roads and highways.
"With multiple choices on the market today, I recommend that buyers start by making a list of desirable features their ideal home would offer," said Schneider. "By laying out their home preferences, all aspects can be considered in order to find the perfect fit." |
