On Thursday, Realtor.com released a new report detailing the top five reasons individuals and families purchased homes in 2015.
According to the site, many homeowners simply grew tired of their current digs and craved a change of scenery. For others, it was a combination of low interest rates, steady asking prices, increased savings and – in some cases – a growing family.
“A change in family circumstance or composition was cited by 18% of this year’s active home shoppers,” noted reporter Jonathan Smoke. “Births increased last year and appear to be poised for another year of growth this year.”
Image via flickr/Daniel Oines