Home Prices Growing Faster Than Rents in More Than 80 Percent of U.S. Among the 44 U.S. counties analyzed in the report with a population of 1 million or more, those where it is more affordable to
What are buyers looking for in today's market?
Dated: January 7 2019
Is it Bedrooms and Bathrooms that you should look for?
According to the National Association of Home Builders, homes are most often built to include 2.56 bathrooms and 3.38 bedrooms. These figures coincide with what buyers were looking for in today's market. The vast majority of homes that sold were 3 bedroom, 2 bath homes. These homes are usually preferable because they can accommodate growing families, guests, or retirees all the same.
Nationally speaking, master bedrooms trend at making up 12% of the square footage space. Second and third bedrooms account for nearly 17% of the home space. Lastly, bathrooms account for approximately 12% of the square footage. Most of the floorplans are dedicated to living spaces, family rooms, dining, and kitchens — totaling nearly 40%. The remaining square footage is dedicated to spaces such as foyers, closets, pantries, laundry, and garages.
Of all the things that helped to push faster sales in today's market, it should be noted that location, correct pricing, and marketing are also factors that can contribute. Because each home is unique, it is important to get a professional market analysis from me who knows your market area.
Perhaps there are some things we can work on to help you buy or sell a home in today's market.
Call me today and lets get started.
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