Top 10 Reasons People Buy Homes - Knoxville real estate team, the Holloway Group, Has Posted A New Article On Their Website

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The Holloway Group, the leading Knoxville real estate team at Gables & Gates, REALTORS recently posted a new article on their website titled, "Top 10 Reasons People Buy Homes".

Top 10 Reasons People Buy Knoxville Real Estate

Top 10 Reasons People Buy Homes

Even though the Knoxville real estate market may change with the ebb and flow of the economy, the reasons people buy homes in Knoxville and beyond pretty much stay constant.

The Holloway Group, the leading Knoxville real estate team at Gables & Gates, REALTORS recently posted a new article on their website titled, "Top 10 Reasons People Buy Homes".

Troy Stavros, Broker and Partner with the Holloway Group stated, "Even though the Knoxville real estate market may change with ebb and flow of the economy, the reasons people buy homes in Knoxville and beyond pretty much stay constant." The following list of reasons was garnered from the research done by the National Association of REALTORS for their 2012 Profile of Home Buyers and Sellers Report. The list below starts with the most cited reason and descends in order.

Top 10 Reasons People Buy Homes

#1 REASON: Desire To Own A Home Of My Own

#2 REASON: Desire For A Larger Home

#3 REASON: Job Related Relocation or Move

#4 REASON: Change In Family Situation

#5 REASON: Affordability Of Homes

#6 REASON: Desire To Be Closer To Family/Friends/Relatives

#7 REASON: Desire For A Home In A Better Area

#8 REASON: Retirement

#9 REASON: Desire For A Smaller Home

#10 REASON: Desire To Be Closer To Job/School/Transit

Responses varied among age and home buying experience. The report showed that younger buyers were more inclined to buy because of the desire to own a home (this reason was cited by 60% of first time home buyers), while older buyers (those in the 65 and older category) cited the desire to be closer to family and friends and retirement as the primary factors for buying.

ABOUT THE HOLLOWAY GROUP AT GABLES & GATES, REALTORS

The Holloway Group is committed to bringing the best possible experience to fruition for buyers and sellers of Knoxville real estate. At the Holloway Group we don't believe average is good enough for our clients. At the forefront of the Holloway Group is experience. Our team was created to serve our clients even better with specialization and expertise. We know that individually we cannot be everything to everyone so we have come together as a group, bringing all of our different strengths, so you always work with the best. We pride ourselves on being ahead of the curve on technology and how it can serve our clients. When you are a client of the Holloway Group, you can expect to have our entire team of professionals working to fulfill your individual real estate goal. As a member of Leading Real Estate Companies of the World the Holloway Group and Gables & Gates, REALTORS can assist you with finding the most qualified real estate professional to suit your needs, anywhere in the world! Visit our website to search ALL Knoxville homes for sale. Contact us today for assistance.

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