http://dbyrd.seacoastrealty.com/blog/archive_201707/sort_entrydatetime-desc/ Today's Move-Up Buyers Differ From Yesterday's If you already own a Wilmington NC real estate home and you're looking to buy a larger home, you're a "move-up buyer." You're probably a bit different from move-up buyers of yesterday though. Some move-up buyers today are a lot more cautious -- and for good reason.Move-up buyers today are looking for a home to fit their needs because remodeling an existing home to add more space is often more expensive than buying a different home that's already large enough. That wasn't the case before and during the housing boom.Convenience is the name of the game today. Many move-up buyers want to exchange their move-in-ready home for a bigger one in the same, move-in-ready condition. Most move-up buyers today want the ease of simply moving, but not managing a large or potentially complex remodeling project.Typically, move-up buyers are confident that their personal financial situation is stable and secure enough to allow them to afford a larger property than in the past, but they still demand good value and know home prices intimately. During boom times, move-up buyers counted on steadily increasing salaries (or bonuses) and ongoing, often unrealistic home appreciation to finance their property purchase and upgrades.Debi Byrd | Coldwell Banker Sea Coast Advantage http://dbyrd.seacoastrealty.com/blog/2198/today's-move-up-buyers/ Mon, 31 Jul 2017 12:00:00 -0500