Increase In Homes For Sale Resulted In Increased Specific Home-Style Purchases

Both first-time and repeat homeowners don't care much about the design of the home they are considering. The first thing buyers will think about when looking for a home is "Is it in a good location?" Is it affordable? Many buyers now focus on affordability, while the aesthetic appeal of different home styles is being lost. We can't blame them for being cautious. Housing prices The price of property is steadily rising and has outpaced the income Sedona Az Homes For Sale growth in many parts of the country. Due to a shrinking number of homes on the market, some property prices have increased in certain states. Because their home's value is less than their mortgage, homeowners are reluctant or unable sell. Due to the scarcity of homes on the market, Millennials are forced to rent rather than buy a home. Boom in the Housing Market In the last two years, some cities have seen their real estate markets boom. One city in which 74% of homes on sale was sold in the first two months after they were put on the market is San Francisco. The trend is also upward in the number of homeowners buying more luxurious homes. There are many home styles available today and not all are popular. Buyers are increasingly looking for homes built in a specific time period or with the same aesthetic. A Craftsman-style house, for example, is reminiscent the early 20th century's arts & crafts movement. This style of home has been the most sought-after by home buyers in the past quarter 2014. Other than Craftsman, there are many other styles of homes: traditional, contemporary, European, country, farmhouse, cottage and southern.