What’s making the real estate news headlines?
*Nearly one-third of Baby Boomers and seniors are choosing to buy larger homes in retirement instead of downsizing…
*So what features are so important that buyers are willing to make big sacrifices such as the location of the home? Here are the top items that home owners said they’d be willing to make sacrifices on in order to have:
- Move-in ready home: 64%
- At least one bathtub in a home: 54%
- More space than their current residence: 51%
- His and her closets: 23%
- Spa-like master bedroom: 23%
- Large eat-in kitchen area: 23%
- Kitchen island: 22%
*Harb and Co. are finding that many parents are instrumental in helping their children purchase their first home: A new report by consumer lender loanDepot shows that about two-thirds of parents – or 67 percent – will use savings to help their children buy a home.
