Not exactly the home we wanted, but we’ll take it

AZ Business Magazine

According to a survey released by BMO Harris Bank, Arizona house hunters visit an average of 11 homes before they buy, with the majority (84 percent) of buyers spending up to six months searching the market.

The report, conducted by Pollara, also revealed:

Slightly less than half (48 percent) of home buyers currently on the market believe they will find their dream home in their price range, while 52 percent say it’s impossible
77 percent are willing to settle for a less than perfect home. In Metro Phoenix, that numbers rises to 84 percent
Most (79 percent) of home buyers say they’ll know immediately when they’ve found their ideal house

Continued:

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November 4, 2014

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