Survey Results: California Homebuyers’ Motivation in 2013

  • August 13, 2013
  • devinlucas
What’s motivating California homebuyers in 2013 to move to such pristine neighborhoods as Newport Beach, Costa Mesa and Orange County?  According to the California Association of REALTORS® 2013 Home Buying Survey, here are the top five reasons home buyer’s purchased in California this year:

Price Reductions – 38%
Favorable prices and/or financing – 12%
Desire a new or better location – 10%
Investment or tax advantages – 9%
Tired of renting – 7%

While prices and interest rates are on the rise, the unparalleled benefits of homeownership remain.  With numerous potential dream homes awaiting throughout Newport Beach, Costa Mesa, Eastside Costa Mesa, Orange County and beyond, ensure you have an updated pre-approval and contact a local reputable REALTOR® for your search.  
Best of luck,

-Devin Lucas

Author Devin R. Lucas is a Real Estate Attorney, Broker and REALTOR®, specializing in Newport Beach, Costa Mesa and Orange County, serving individual, investor and small business interests in real estate.  Active with the Newport Beach Association of REALTORS® and Costa Mesa Chamber of Commerce, Devin R. Lucas Real Estate is an independent real estate brokerage and law practice located in Newport Beach, California.

Devin R. Lucas Real Estate
Real Estate Attorney | Real Estate Broker | REALTOR®
devinrlucas.com | devin@devinrlucas.com | BRE No. 01912302
949.478.1623 office | 888.667.6038 fax

2901 West Coast Highway Suite 200
Newport Beach | California | 92663-4023

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