A recent report by the NAHB’s Eye on Housing revealed some of the reasons potential homebuyers can’t seem to “pull the trigger” on purchasing. Data from Q4 of 2018 show that 58% of active buyers were looking for 3 months or more. So what’s holding them back? Well, the obvious one, prices, but also the home’s features and the desired neighborhood. Of course these are needs that real estate investors zero-in on and strive to meet each and every day. Indeed….
“The most important reason is they can’t find a home at a price they can afford (49%), followed by not being able to find a home with the features they want (44%), and not finding a home in the neighborhood of their choice (43%).”