Eye On Housing
Previous posts reported on home buyer preferences for kitchen and bath features, from NAHB’s recent study What Home Buyers Really Want, 2021 Edition. The same study also asked the panel of 3,247 recent and prospective home buyers to rate a dozen different window types and materials on the following four tier scale: The general window characteristic that home buyers value more… Read More ›
Recent Census data, combined with NAHB survey results, illustrate the way in which home buyers in the lower one-fourth of the market have been squeezed entirely out of the market for new construction, and forced to look exclusively in the stock of existing homes—where the inventory of homes available for sale remains in a historically low range (at a 2.5-month… Read More ›
Last Thursday’s post reported on home buyer preferences for kitchen features, from NAHB’s recent study What Home Buyers Really Want, 2021 Edition. That study also asked the same panel of 3,247 recent and prospective home buyers to rate 18 bathroom features on the same four tier scale: Results show that bathrooms, especially the home’s primary bathroom, tend to be very… Read More ›
In the recent NAHB study, What Home Buyers Really Want, 2021 Edition, side-by-side double sinks and walk-in pantries ranked as the most popular of 30 listed kitchen features. This result is based on a comprehensive, nationwide survey of 3,247 recent and prospective home buyers conducted in the summer of 2020. Among other things, the survey asked recent and prospective buyers… Read More ›
Lock down orders implemented across the US to fight the spread of the coronavirus have given rise to more people working from home and engaging in other activities indoors that they would normally do in public spaces. With the major shift in where people spend their time, it is important to examine the data currently available on home buyers’ preferences… Read More ›
Results from NAHB’s report, What Home Buyers Really Want (2019 Edition), show that Millennials want an environment-friendly home, but few are willing to pay more for it for that reason alone. They are, however, willing to pay for certain green features, such as those that provide energy efficiency and cost saving benefits over time. When asked ‘how concerned are you… Read More ›
A laundry room is the most popular specialty room (anything other than a bedroom, bathroom or kitchen) among Millennial home buyers, with 86 percent of them reporting that it is a desirable (36 percent) or essential/must have (50 percent) room (Figure 1). This data comes from a recent NAHB report, What Home Buyers Really Want (2019 Edition), which is based… Read More ›
The most wanted bathroom feature among Millennial home buyers is ‘both a shower stall & tub in the master bath’, according to a report recently published by the National Association of Home Builders (NAHB), What Home Buyers Really Want (2019 Edition). Seventy-six percent of Millennial home buyers want this feature. The report is based on a survey that asks prospective… Read More ›
A park area is the top community feature wanted by Millennial home buyers (71 percent), according to an NAHB report, What Home Buyers Really Want (2019 edition) (Figure 1, hover over bars for total shares). The report is based on a survey asking prospective and recent home buyers about the features they want in a home or community. As part… Read More ›
Millennials (those born in 1980 or after) want a median of 2,407 square feet in a home, according to the NAHB report, What Home Buyers Really Want (2019 Edition). The report is based on a survey of prospective and recent home buyers and asks them about the features they want in a home and a community. The median square footage… Read More ›