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According to a recent study by Harris Poll, for the same price, 41% of Americans would prefer to buy a newly built home instead of an existing home. 21% prefer an existing home, while 38% don’t have a preference.
However, those desiring a new home may need more time to prepare to pay for the price difference. Only 46% percent of those who strongly prefer a new home are willing to spend at least 20 percent extra* to purchase a new home versus a comparable existing home.
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Why People Prefer a New Home?
Why People Prefer an Existing Home? 