Buyers are Buying Their LAST Home

Reblogger
Real Estate Agent with eXp Realty of California, Inc. (lic. #01878277) DRE# 00949880

I agree with Joan Cox, there is a new trend, many buyers are looking to buy their last homes.  In California, people have been thinking about moving to their forever home for a long time now.  I think the pandemic has moved up many Californian's timelines.  They have realized that they can do much of their work remotely or even start their businesses in a new area while they still have the energy to do it.  My last few customers have all left the area for their forever homes.  My current clients will be making the move to Idaho.  

If your plans include making Denver your final home purchase, you should be calling Joan.  She really knows the area well. 

Original content by Joan Cox DRE# ER40011786

 

Are you seeing a new phenomenon happening in your business lately?    

 

A few years ago, buyers were buying only what they needed - a two-bedroom with one bath, and when they started accumulating too much stuff, they would call and need a larger home.    Or, they had a baby, or adopted a dog and needed a yard.

 

                       4 bedroom home for sale

 

 

The buyers today seem to be planning for the future more when looking for the home of their dreams.   My newlyweds are looking for a four-bedroom home (maybe even with a main floor bedroom for elderly parents), large yards in a school district they have already checked out.    Even if they don’t have children.

 

 

Does this mean we will expect less “move up” buyers in the future?    Many of my buyers lately have said they want to buy as much as they can, and after they close, they say they may never move again.  Interest rates are so low, and buyers can buy more home today.    They finish their basements and call me when they are doing updates to find out what would bring them value.


It sure is nice they refer family and co-workers, because some of these buyers I won’t see as a client again.    They love their home, and have no plans on moving!  

 

 

 

 

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House to Home, Inc.

GRI, CRS, CNE, e-Pro, CLHMS  

 

Broker/Owner

Joan@JoanCox.com

720-231-6373

 

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Posted by

             eXp Realty of California, Inc

Raymond Henson, SRES, GRI, e-Pro

Past Client Testimonials   

3412 Babson Drive

Elk Grove, CA 95758

RayRHenson@gmail.com

916-698-8415

 

 

Comments (19)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Great choice for a reposting - I missed it the first time around.  Joan makes some excellent points!

Feb 07, 2021 07:21 AM
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Thank you, Lise Howe.  It is so hard to keep up with all the good posts.  I am glad you liked this one.

Feb 07, 2021 07:27 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Raymond, thank you for the reblog, and it is interesting watching trends with our sales.

Feb 07, 2021 07:30 AM
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

Wonderful topic on this post  Thanks for sharing with us

Feb 07, 2021 07:45 AM
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Joan Cox, so many of my clients conversations start with, "We want to move to our retirement home."  I do not expect too many repeat customers right now. 😉  Thank you for writing an informative article.

Feb 07, 2021 07:46 AM
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Good morning, Joe Jackson.  Thank you for taking the time to visit and comment.

Feb 07, 2021 07:48 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Ray... everytime I buy/build a home I say they will be taking me out feet first. By the time I'd lived in Charlotte 8 years I was in my third house, two of which I'd built from the ground up. My clients who buy in active adult or 55+ communities I believe when they say it's their last house. The others... I always think they'll be calling me at some point.

Feb 07, 2021 08:09 AM
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Yes, plans do change over time, Nina Hollander.  My clients have tended to sell and move out of California.  None have come back yet.  It is nice, though, because I do have a lot of very good friends to visit in wonderful locations across the country.  

Feb 07, 2021 08:18 AM
Sal Poliandro - NJ Bergen County Realtor
RE/MAX Properties - Ridgewood, NJ
Broker Associate

Interesting perspective. So much has changed due to the pandemic. 

Feb 07, 2021 08:28 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Raymond Henson, SRES, GRI - this is certainly a great choice for re blog.  These times have changed people thoughts about homes.

Feb 07, 2021 09:13 AM
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Thank you Sal Poliandro - NJ Bergen County Realtor and Grant Schneider.  I agree, this has definitely been a year of change.

Feb 07, 2021 02:45 PM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Good reblog, Ray. I wonder if we have learned how important home and family are and are looking for some consistency. 

Feb 07, 2021 06:33 PM
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

I think we have, Kathy Streib.  This looks to be a time to focus on the important aspects of life.

Feb 07, 2021 07:32 PM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

When I purchased my home, I had in my mind that it would be my forever home and that has yet to change.

Feb 08, 2021 06:02 AM
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

I am not surprised by a stable guy like you, Brian England.  We are actively looking for our forever home too.  It is difficult.  Our house in Goodyear may one day be the right house.  For now, it needs to remain a rental property.

Feb 08, 2021 06:12 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Raymond, for sharing this reblog selection.

Take care, be safe and have a great day.

Feb 09, 2021 04:09 AM
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Thank you, Roy Kelley.  I hope you have a wonderful, safe week! ! !

Feb 09, 2021 07:51 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Raymond, this was so nice that you reblogged my post, I so appreciate it.

Apr 09, 2021 08:57 AM
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

You are welcome, Joan.  I really appreciate your thoughtful information.

Apr 09, 2021 12:46 PM

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