With the U.S. housing market finally picking back up, the National Association of Home Builders (NAHB) conducted a large study to pinpoint how recession may have influenced consumers' lifestyle preferences and home wish lists. Released this month, the survey found that Americans desire:
What homeowners and buyers do not want, meanwhile, are:
NAHB also determined that the outer suburbs are favored when it comes to home location, with just 8 percent of those queried citing a preference for living in a city center. That is a departure from what those in the apartment sector believe: that recession and escalating gasoline prices are creating demand for urban lifestyles.
"What Home Buyers Want," CNBC Europe (Feb 25, 2013) & Information Inc.