Page 10 - BB_Mar_2019

Thank You Event Partners

Gehan Homes
Beacon Roofing Supply
Sitterle Homes

SA Builder Guide
The Schrader Group
MG Building Materials
The Conway Group
Bella Vista Homes

Thank You Donation Partners

MG Building Material

Beacon Roofing
The Conway Group
Andrew Hamil

YPLC & YPN Hosted the 2nd Annual Bowling
Night at Bowlero Bringing young professionals
from varied industries together.

and not finding a home in the neighborhood of their
choice (43%).
These were the findings from the most recent
Housing Trends Report (HTR), a research product
created by the NAHB Economics team with the goal
of measuring prospective home buyers’ perceptions
about the availability and affordability of homes for
sale in their markets. The HTR is produced quarterly to
track changes in buyers’ perceptions over time.
Comparing these findings to similar data from the
fourth quarter of 2017 shows that these barriers to
Home Prices are the homeownership only intensified during the year in
question.
Principal Barrier to If the right home remains elusive for these buyers in
Homeownership the months ahead, these house hunters reported they
will do the following:
A recent Eye on Housing blog post revealed that
63% will continue looking for the ‘right’ home in
58% of buyers actively searching for a home to buy the same preferred location
in the fourth quarter of 2018 have been looking
unsuccessfully for at least three months. 44% will expand the search area
Why is it taking these buyers so long to pull the 23% are willing to accept a smaller/older home
trigger? 18% might buy a more expensive home
The most important reason is they can’t find a home Giving up on homeownership is the least likely
at a price they can afford (49%), followed by not being outcome, as only 16% will stop trying to find a home
able to find a home with the features they want (44%), NAHB FEB 2019

10 MARCH 2019 | GREATER SAN ANTONIO BUILDERS ASSOCIATION