{"id":677,"date":"2017-02-08T00:00:00","date_gmt":"2017-02-08T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/consumers-will-compromise-to-buy-homes\/"},"modified":"2017-02-08T00:00:00","modified_gmt":"2017-02-08T00:00:00","slug":"consumers-will-compromise-to-buy-homes","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/consumers-will-compromise-to-buy-homes\/","title":{"rendered":"Consumers Will Compromise to Buy Homes"},"content":{"rendered":"

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Consumers view homeownership as a priority and say they\u2019re willing to make significant compromises in order to purchase a home, according to a survey of more than 1,000 consumers considering a home purchase<\/a> in 2017, conducted by the online brokerage firm Owners.com.<\/p>\n

Sixty-nine percent of survey respondents say they\u2019re concerned they won\u2019t have enough cash for a down payment in order to buy a home. As such, they\u2019re willing to forgo some financial goals and investments to make sure they save enough.<\/p>\n

Respondents said that saving for a home takes priority over saving for an emergency (61 percent) or contributing to retirement funds<\/a> (60 percent). Seventy-two percent of survey respondents said they would limit their contributions to other investment funds in order to save enough to buy a home.<\/p>\n

Surveyed consumers also say they\u2019re willing to compromise on some elements of the home if it means they can move into a home this year. For example, 51 percent said they would consider buying a fixer-upper, and 36 percent said they would purchase a smaller home than what they desire.<\/p>\n

Source: \u201cAmericans Are Making Big Compromises to Buy Homes<\/a>,\u201d USA Today (Feb. 1, 2017)<\/em><\/p>\n<\/div>\n<\/div>\n

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[ad_1] Consumers view homeownership as a priority and say they\u2019re willing to make significant compromises in … Consumers Will Compromise to Buy Homes<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[518,1403,15239,625,12908,543,627,127,1007,41,818,15296],"class_list":["post-677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-america","tag-buy","tag-chase","tag-down-payment","tag-home","tag-home-buying-guide","tag-homeowners","tag-homes","tag-owners","tag-property","tag-real","tag-target"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/q1mMm4J36Z0","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8071,"url":"https:\/\/amazingproperty.com.ng\/blog\/immigration-concerns-rattle-some-real-estate-moves\/","url_meta":{"origin":677,"position":0},"title":"Immigration Concerns Rattle Some Real Estate Moves","author":"Amazing Property","date":"February 8, 2018","format":false,"excerpt":"Heightened concerns over the nation\u2019s immigration policies and proposals caused some U.S. homeowners to sell their homes or even choose to then not buy a home last year, according to a new survey of more than 4,000 homeowners in the U.S. commissioned by the real estate brokerage Redfin. Fifteen percent\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Redfin Study.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/Redfin-study.png?fit=741%2C526&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/Redfin-study.png?fit=741%2C526&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/Redfin-study.png?fit=741%2C526&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/Redfin-study.png?fit=741%2C526&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5765,"url":"https:\/\/amazingproperty.com.ng\/blog\/buyers-want-bigger-yards-over-bigger-homes\/","url_meta":{"origin":677,"position":1},"title":"Buyers Want Bigger Yards Over Bigger Homes","author":"Amazing Property","date":"August 17, 2017","format":false,"excerpt":"A property that offers a great outdoor space is taking a higher priority among home buyers. In fact, home shoppers recently surveyed said they would be willing to sacrifice some space from a larger house in order to get a bigger yard. More than half of 1,000 buyers recently surveyed\u2014or\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"aug17_DN_outdoor.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/aug17_DN_outdoor.jpg?fit=830%2C390&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/aug17_DN_outdoor.jpg?fit=830%2C390&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/aug17_DN_outdoor.jpg?fit=830%2C390&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/aug17_DN_outdoor.jpg?fit=830%2C390&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1507,"url":"https:\/\/amazingproperty.com.ng\/blog\/what-home-buyers-wish-theyd-known\/","url_meta":{"origin":677,"position":2},"title":"What Home Buyers Wish They'd Known","author":"Amazing Property","date":"March 2, 2017","format":false,"excerpt":"[ad_1] Nearly half of American homeowners recently surveyed said they would do something differently if they were to go through the homebuying process again, according to the NerdWallet\u2019s Home Buyer Reality Report, which analyzed the steps more than 2,200 Americans took to homeownership. Read more: 8 Items Buyers Need to\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2035,"url":"https:\/\/amazingproperty.com.ng\/blog\/economic-confidence-may-be-housings-buoy\/","url_meta":{"origin":677,"position":3},"title":"Economic Confidence May Be Housing\u2019s Buoy","author":"Amazing Property","date":"March 16, 2017","format":false,"excerpt":"Consumers are getting more confident about the economy and their finances, and that could bode well for the real estate market, according to the National Association of REALTORS\u00ae\u2019 latest Housing Opportunities and Market Experience survey. 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