The one thing that home buyers won't compromise on
Posted by Mariana Folgado
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Many home buyers are willing to compromise on certain characteristics. They'll give in on price (21%), the condition of the home (19%), the size of the home (18%), and even the distance of the home to their place of work (13%).
But according to the National Association of REALTORS®, the two characteristics home buyers are least willing to compromise on are the quality of schools and distance from schools. Just 4% of recent buyers compromised on the distance to schools, and a mere 2% compromised on the quality of schools.
Twice as many recent buyers were willing to compromise on both the quality of the neighborhood and the distance of their home from family and friends.
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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