Corcoran Urban Real Estate
 

What Are First-Time Homebuyers Seeking?

What Are First-Time Homebuyers Seeking? Up and coming young people are starting to eye home ownership - their preferences are important, not only for agents, but also for home owners looking to down size or move up.

According to a new study, 68 percent of first time homebuyers are looking for move-in ready homes, while 32 percent are looking for fixer-uppers.

The good news for suburbia is that 43 percent are looking to buy there, but a strong showing of 20 percent plan to buy in urban areas.

For more on the study, head over to Chicago Agent Magazine here.