So what pushes people to buy a home? Realtor.com took a survey of active home shoppers this summer and found the reasons are, well, a bit mundane.
Out of 22 possible responses, the top reason given was “I’m tired of my house.” Favorable interest rates came in as the second most-cited trigger, followed by favorable home prices and increased income.
Rounding out the top five reasons? A change in family circumstances or composition.