Family proximity a low priority for American homebuyers

LIVE NOW: Inman Connect San Francisco
Tune-in now to catch the livestream. Don't miss this chance to see real estate leaders tackle the industry's top problems.

More than two-thirds of U.S. homebuyers indicated that proximity to extended family was not important to them in making a decision to buy a home, a Wall Street Journal article — referencing a Trulia/Harris Interactive poll of 2,029 Americans in June — highlighted.

A desire for independence, smaller families and an interest in limiting the potential burdens of extended family nearby are reasons that homebuyers don’t value proximity to extended family higher when shopping for a home, experts told the Journal.

Besides price, size of the home, crime and quality of the school district ranked near the top of the list of home attributes respondents found important.

Source: Wall Street Journal