A new report from Realtor.com indicates that the number of listings rose 1.4 percent from June, which is the fifth consecutive monthly rise. In comparison with last year, the number of homes listed for sale has started to increase in some markets. Read the full story
Realtor.com announced the results of its Back to School survey, which looks at the impact school boundaries have on buyers looking to purchase a home within two years. Realtor.com® found that three out of five home buyers surveyed said school boundaries will impact their home purchasing decision.
A majority of home buyers who said school boundaries will have an impact are willing to pay 1 percent to 10 percent above budget to live within school boundaries. Of those surveyed, 91 percent said school boundaries are “important” or “somewhat important,” while only 7.43 percent said school boundaries are “unimportant” or “very unimportant.”
Home buyers who said school boundaries will have an impact on their decision also indicated that they would give up several amenities to live within school boundaries of choice:
- 62 percent would do without a pool or spa
- 51 percent would give up accessibility to shopping
- 44 percent would pass on a bonus room
- 42 percent would offer up nearby parks and trails
Click HERE to watch a video on “What you DON’T want to do before you Buy that Home.”
CA BRE # 01929144
Demonstrating the proliferation of mobile technology into nearly every facet of our lives, more than eight out of 10 home buyers are accessing home information on their smart phones and computer tablets, according to C.A.R.’s “2013 Survey of California Home Buyers.”
The survey found 85 percent of buyers used a mobile device during the home-buying process, with the majority of buyers (70 percent) accessing the Internet from their smart phones and 15 percent accessing it from their tablets.
While the majority of buyers (61 percent) found their home through an agent, the percentage who found their home online more than doubled from 16 percent in 2012 to a record high of 37 percent in 2013.
Almost one-third (30 percent) of buyers rated Realtor.com as the most useful website, followed closely by Zillow at 28 percent. Broker and agent websites were also helpful in the home-buying process as buyers increasingly seek local expertise and information.
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