Thursday, October 23, 2008

What's First: House or Community?

Good question, actually I believe the study presumes the buyer already has determined the area they want to live in. Perhaps the study should be more accurate in stating its assumptions. What do you think, what IS the first step in buying a home in Spokane??

What Is The First Step in Buying a Home?

If you look at the 2007 NAR Profile of Home Buyers and Sellers

32% of recent buyers reported that their first step in the home-buying process was looking online for properties for sale.

Really?

Because said executive and I spent a lot of time talking about various towns, neighborhoods, and school systems. Not once did a particular listing or a house come up.

It makes sense, actually. When my wife and I were thinking about buying a house, long before either of us got online and started combing through listings, we were talking about what kind of town we wanted to live in. Before we even thought about a house, we were thinking about convenience to our respective jobs, school system, what kinds of parks and shops, what sort of downtown we wanted, etc. etc.

I believe that is the real first step in the home-buying process — thinking about the town or neighborhood.

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