Trulia: American homebuyers prefer new homes 2 to 1

Banks push harder to sideline Richmond eminent domain plan So those banks got negated in their attempts to stop us. At this point though, they’re still trying very hard and we want to be able to move forward and again, we hope that the banks open their eyes and say, hey, this is a good thing and join us in a cooperative way. But we maintain our right to consider eminent domain if necessary.

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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.

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Budget-conscious millennials prefer smaller homes. Arthur Lasky, an architect at Silberstang Lasky Architects in New York explained to NAR that in smaller homes many homeowners use one space for a variety of functions. Open floor plans make it easier to create multifunctional spaces, such as a dining room that is also an exercise area.

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It might not feel like it, given the seemingly unending rise in home prices, but homebuyers in the Austin metro area are gaining an edge over sellers, according to a new study from real estate.

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,

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From one angle, the vista looks rosy: The median price of U.S. vacation homes rose 4.2% in 2016. financial blogger from New York City. “Personally, I don’t have interest in purchasing a vacation.

Trulia is an all-in-one real estate site that gives you the local scoop about homes for sale, apartments for rent, neighborhood insights, markets and trends to help you figure out exactly what, where, and when to buy, sell or rent.You can also find a real estate agent, view prices of recently sold homes, and see home values in your community.

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That’s why more than 40 percent of Americans would prefer a new home over one with that lived-in look, according to Trulia, a popular real estate destination on the internet. The number of respondents in the survey’s other two categories- those who have no preference and those considering existing homes-are several points lower.