Although the local real estate market has stabilized, affordable homes in the highly desired Los Angeles neighborhoods are still hard to come by. Most home buyers need to sacrifice a portion of their wish list. It could be lot size, square footage, dream kitchen or even location. So, what will a home buyer pay more for?
According to the National Association of Realtors, 97% of recent home buyers are satisfied with their home purchase. However, 52% want more closets, 55% want more storage, and are willing to pay more for those features.
What will a home buyer pay more for? Move-in-ready homes continue to be highly sought after, with most of these listings selling for over the asking price. Home buyers continue to pay more for homes that don’t need a lot of work.
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Remodeling with an eye towards resale
