Trulia: American homebuyers prefer new homes 2 to 1

 · Millennial home buyers are thinking long-term when it comes to where they buy – contrary to popular belief, they value safe neighborhoods and good schools over walkability and short commutes.. When looking for new homes, millennials overwhelmingly favor online listing services, such as Zillow, Trulia, and Redfin (87%), which doesn’t come.

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But only 46% are willing to pay a premium for that preference. A new survey from Trulia ( TRLA) shows that 41% of Americans would prefer a new home, 21% would prefer an existing home, and 38% would have no preference, all things including price being equal.

Those indicators – homes spending more time on the market and home prices being cut – show buyers in the Austin area now enjoy more bargaining power, Trulia economist Elliott Deal says.

Prices are steep thanks to strong demand and low supply, particularly for starter homes. But all things considered, buying a home is more affordable for millennials now than it was for their parents,

Zillow is perfect for searching homes for sale in the United States. By analyzing real estate information on millions of homes for sale across the United States, we calculate home values (Zestimates) and the Zillow Home Value Price Index.

Some background: The US real estate industry is broken up into regions (e.g. SF bay. [1] [2]. As a recent homebuyer, I can assure both Redfin & Trulia have a.. Every Thursday my realtor sends me MLS listings; in every case, Redfin has the new listings.

55+ Home Buyers. First-Time Home Buyers. Custom Home Buyers.. Take a look into the regional culture and history at Brazos Valley African american museum. texas A&M University is not just an educational institute.. We seek to ensure that all of the data presented on the site regarding new homes and new home communities is current and.

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 · The average size of homes built last year hit 2,600 square feet, an all-time high that surpassed even the housing bubble years, when homes averaged around 2,400 square feet, according to.

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Twice as Many People Prefer New Homes Over Existing Homes. For the same price, 2 in 5 of Americans (41%) strongly or somewhat prefer to buy a newly built home over an existing home. Just 21% strongly or somewhat prefer an existing home. The remaining 38% have no preference.

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