Biggest Percentage Of Home Buyer Purchases Last Year

Biggest Percentage Of Home Buyer Purchases Last Year

The Types of Homes Texans Purchased in 2018

February 01, 2019 | Texas REALTORS® Staff Overhead view of couple using computer on couch

Twenty-nine percent of homebuyers in Texas purchased newly built homes last year, according to the Texas overlay of the 2018 Profile of Homebuyers and Sellers.

Of those buyers, 41% wanted to avoid renovations or problems with plumbing or electricity. Among Texas homebuyers who purchased previously owned homes, 35% were looking for a better overall value.

Detached, single-family homes remain popular for homebuyers, with 89% of Texas homebuyers selecting them to purchase.

Thirteen percent of Texas homebuyers who purchased property in 2018 selected one that could house multiple generations. These buyers were motivated by cost savings, taking care of aging parents, and because of children over the age of 18 moving back home.

Mike and Mike THE Real Estate Agents Headshot
Phone: 214-316-2472
Dated: February 8th 2019
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About Mike and Mike: Mike V received his Real Estate License at Kaplan University in Dallas and began his real estate car...

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