International Actual Property Chief Uncovers How Current and Intending Homebuyers are Placing Neighborhood on the Heart of the Homebuying Course of
MADISON, N.J. ,
They’re additionally efficiently discovering success via neighborhood, with 65% of latest homebuyers reporting a stronger connection to their neighborhood after shifting. 1
The truth is, the thought of neighborhood has pushed many homebuyers to broaden their idea of the ‘dream home’ to incorporate residing in a ‘dream neighborhood’ with 88% of all latest and intending homebuyers agreeing that they’d be keen to compromise on components of their dream residence for a neighborhood that’s excellent for his or her family. 1 Additionally they search to make an impression on their new communities with almost one-third planning to take part through civic engagement or entrepreneurship. 1
This sentiment is one thing that
Whereas many Individuals surveyed prioritize neighborhood connection, this notion is especially true for Hispanic Individuals, with 89% feeling it is necessary to have a connection to their area people. In a subset research centered on Hispanic respondents titled, “Pride, Prosperity & Participation: The Community-Focused American Dream for Hispanic Recent/Intending Homebuyers,” Century 21 Actual Property discovered that in comparison with all different latest homebuyers, Hispanic Individuals report barely greater ranges of pleasure throughout the homebuying course of at 39%, as a brand new residence signifies the flexibility to nurture their/their household’s future inside a neighborhood1. It additionally famous that for this group, neighborhood appears like a mutually supportive settlement the place they’ll make a optimistic impression and obtain assist in return.
As probably the most acknowledged identify in actual property and probably the most revered within the trade2, the CENTURY 21 ® model is dedicated to serving to its community of impartial brokers present the very best degree of service and worth to its shoppers, and this consists of serving as neighborhood stewards for these cities and cities the place patrons wish to construct their lives.
92% of latest/intending homebuyers say it is necessary their agent has perception into how the neighborhood will develop sooner or later. 1
“In today’s housing market, the role of the real estate agent is more critical than ever,” mentioned Michael Miedler, president and CEO, Century 21 Actual Property LLC. “It goes far beyond helping clients through the buying process but also having first-hand knowledge of the communities that homeowners are moving into to help them establish a connection and envision the life are looking to build for generations to come. Having these key insights into the minds of today’s consumers allows the CENTURY 21 network to truly drive value for their clients and create an experience that will remain with them long after they hand over the keys to the house.”
To see the complete research and study extra concerning the how the CENTURY 21 model is elevating consumer service for homebuyers and sellers, please go to www.century21.com/real-estate-blog.
1Research Supply: 2024 Homebuyer Insights Research. The survey outcomes are based mostly on a beginning pattern of a nationally consultant group of n=6,020
2Research Supply: 2023 Advert Monitoring Research. The survey outcomes are based mostly on 1,200 on-line interviews with a nationwide random pattern of adults (ages 18+) who’re equal determination makers in actual property transactions and energetic in the true property market (purchased or bought a house throughout the previous two years or, plan to buy or promote a house throughout the subsequent two years). Recognition query based mostly on client consciousness of brand name in query. Outcomes are vital at a 90% confidence degree, with a margin of error of +/-2.4%. The research was performed by Kantar Group Restricted, a number one international market analysis group, from
About Century 21 Actual Property LLC
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