Last week, the inaugural “Homebuyer Insights Report” was released by the Bank of America. The report revealed the reasons why consumers purchase homes and what their feelings are regarding homeownership.
Consumer Lending Executive, D. Steve Boland, explained:
“Homebuyers today are motivated by both emotional and practical reasons. Nearly all want more space, but a majority of homebuyers, especially those purchasing their first home, are also looking for a place to call their own, put down roots and make memories. They value the emotional benefits of owning a home as much as the financial ones.”
Boland went on to say:
“The path to homeownership is a journey and can be as overwhelming as it is exciting. For many people, this is the single most significant financial transaction they will ever make.”
This was evidenced in the report when they asked today’s homebuyers to define homeownership. Their answers tell the whole story.
Homeownership has always been a part of the American Dream and survey after survey confirms this will always be the case.
Blog submitted by: Tina Young (Investor, Realtor) of The Real Estate MarketPlace – Servicing the Greater Fort Hood area which includes: Killeen, Harker Heights, Temple, Belton, Copperas Cove and Nolanville. Feel free to call Tina at (254) 338-0545 if you have any questions regarding Central Texas Real Estate.
For Real Estate Listings in Central Texas visit my website at: www.Tina.killeenlistings.com or if you’re on the go text 'Tina' to 254-227-5799
Author:Tina Young Phone: 254-338-0545 Dated: April 13th 2016 Views: 399 About Tina: ...
My last post covered the benefits of hiring a realtor. By now, yo
"I choose Real Estate Market Place because of the choices and the quantity of homes listed on their website. Their internet presentation was also very good. The agent was very patient and clear on everything. The office location, the people on their team and the environment was impressive.