The internet digitized the housing market: people can find their housing match like an online date. But much like the headaches still plaguing online daters, going digital may not be the advantage homebuyers would think it to be, according to an analysis by the New York Times.
There’s no question that the internet has changed the way people buy homes. The ability to research properties and neighborhoods, contact agents and sellers, do virtual walk-throughs, and even apply for mortgages online was the stuff of science fiction in recent memory.
This week, we’re looking at how home buyers of different ages use the web to find their homes, based on the National Association of Realtors 2019 Real Estate in a Digital Age and Home Buyers and Sellers Generational Trends reports. Home buyers surveyed had purchased a primary residence between July of 2017 and June of 2018, and the results were geographically weighted to reflect sales volume in varying areas.