Saving to buy a home?
What Would You Be Willing to Sacrifice to Buy Sooner?
Bank of America’s Homebuyers Insight Report revealed that a “majority of homebuyers, especially those purchasing their first home, are looking for a place to call their own, put down roots and make memories. They value the emotional benefits of owning a home as much as the financial ones.”
Some Highlights:
- 95% of first-time homebuyers are willing to sacrifice to make homeownership a reality.
- The top item that buyers sacrifice is new clothes, at 54%.
- Even repeat or experienced buyers say they sacrificed taking a vacation or buying a new car to buy their last home.
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Author: The KCM Crew