Economists' Outlook

Housing stats and analysis from NAR's research experts.

Factors Influencing Neighborhood Choice

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    • For the past several years, the top factor influencing where a buyer purchased has been the quality of the neighborhood.
  • Convenience to work is the second most important factor with about half of buyers citing its importance. Affordability of homes is also very important with 44 percent indicating it as a factor in their neighborhood choice.
  • Quality of the neighborhood is most important to married couples than to other household compositions.
  • Nearly half of those with children under the age of 18 cited the quality of the school district as an important factor when choosing a neighborhood.
  • For more detailed information and a downloadable PowerPoint presentation on the 2010 Profile of Home Buyers and Sellers, go here: http://realtors.org/research/research/home_buyers_sellers_maps
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