By Steve Cook
Here are the top five reasons repeat owners want to buy another home:
1. Need larger home
2. Job relocation
3. Live closer to family or friends
4. Change in family situation
Here’s what causes owners to buy sell and buy again: personal financial issues related to employment, quality of the neighborhood and family issues including growth, proximity and divorce. The forces that cause people to buy and sell homes are social, like household formation; job-related like relocation and retirement; and personal.
It’s time we stopped macroeconomic and political tinkering to tweak the real estate economy and focused on creating an economic and political environment that will empower owners, sellers and buyers to succeed.
For more information, visit www.realestateeconomywatch.com.
Copyright© 2013 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.
Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com