STOCK TITAN

More than a third of recent movers say it's harder to find a house than a spouse

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

A recent Zillow survey reveals that 80% of Americans love their homes. However, 34% of recent movers find it harder to buy a house than to find a spouse. The survey indicates that women enjoy home shopping more than men (62% vs. 39%). While 76% believe they can successfully use an app to find a home, only 24% feel the same about dating. Most homeowners cherish memories (82%) and location (77%) as reasons for loving their homes. Despite challenges, shoppers can successfully navigate the competitive housing market using tools like Zillow's interactive floor plans.

Positive
  • 80% of Americans love their home.
  • 76% believe using an app can help find a home.
  • Zillow launched a licensed brokerage entity to streamline transactions.
Negative
  • 34% of recent movers find it harder to find a house than a spouse.

SEATTLE, Feb. 2, 2022 /PRNewswire/ -- Love is in the air this Valentine's Day, at least when it comes to home. A new surveyi from Zillow finds 80% of Americans say they love their home. However, finding a home is a lot more challenging in today's hypercompetitive and rapidly appreciating housing market. About one-third of recent moversii (34%) say it's harder to find a house to buy than a spouse, yet most say shopping for a home is more enjoyable. 

Women are more likely than men to say shopping for a home is more enjoyable than dating; 62% compared to 39% of men. Some psychologists believe looking at for-sale listings can create a mood-boosting chemical reaction in the brain similar to the excitement of a romantic relationship, a phenomenon parodied on SNL. During the pandemic, a record number of users surfed Zillow to escape the stress of their lives and dream of the possibilities a move could bring.  

"The way we shop for homes is in many ways similar to the way we meet romantic partners," said Zillow home trends expert Amanda Pendleton. "Both involve wish lists, compromises and deal breakers, and much of the legwork happens online. But unlike dating apps, tools like interactive floor plans and virtual 3D home tours mean fewer home shoppers are disappointed when they see a home in person for the first time. Perhaps that's one reason this survey found that far more people think they'll be successful using an app to find a home to buy (76%) than to find a romantic partner (24%)."

Another reason may be expectations. Most people (62%) say their wish list for a romantic partner is more difficult to satisfy than their wish list for a home (38%), and 61% say they have more deal breakers when it comes to choosing a partner. Two-thirds of Americans are more willing to compromise on qualities in a home to buy (67%) than qualities in a romantic partner (33%).

Still, most people are romantics at heart, at least when it comes to their home. Nearly 3 in 4 Americans believe they could fall in love at first sight with a home (73%), while more than half believe they could fall in love at first sight with a person (54%). While 65% of singles would consider moving to improve their dating prospects, 84% say they would consider moving in order to buy a home.

Once they find it, most people love their home (80%). The most common reasons people love their home are the memories associated with it (82%), and their home's location, neighborhood or neighbors (77%). Tools like Zillow's travel-time function, walk score and transit score can help shoppers choose a neighborhood they'll love. As with dating, finding "the one" in today's housing market may be tough, but shoppers can take steps to land their dream home with the right partners, preparation and persistence.

About Zillow Group

Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life's next chapter. 

As the most visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and nearly seamless end-to-end service. Zillow Home Loans™, our affiliate lender, provides our customers with an easy option to get pre-approved and secure financing for their next home purchase. Zillow recently launched Zillow Homes, Inc., a licensed brokerage entity, to streamline Zillow Offers transactions.  

Zillow Group's brands, affiliates and subsidiaries include Zillow®; Zillow Offers®; Zillow Premier Agent®; Zillow Home Loans™; Zillow Closing Services™; Zillow Homes, Inc.; Trulia®; Out East®; StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).

i Zillow Group Population Science conducted a nationally representative survey of U.S. adults. The survey, fielded in mid-January 2022, asked 2,047 adults to gauge the ease, enjoyment, and their overall sentiments about dating and home shopping.
ii Recent movers are defined as those who say they have moved in the past two years.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/more-than-a-third-of-recent-movers-say-its-harder-to-find-a-house-than-a-spouse-301473523.html

SOURCE Zillow

FAQ

What percentage of Americans love their home according to Zillow's survey?

According to Zillow's survey, 80% of Americans say they love their home.

What do recent movers find harder to find, a house or a spouse?

34% of recent movers say it is harder to find a house than a spouse.

How many people believe they can successfully use an app to find a home?

76% of respondents believe they can successfully use an app to find a home.

What factors do homeowners love about their homes?

Homeowners love their homes mainly for the memories associated with them (82%) and their location or neighborhood (77%).

When was the Zillow survey conducted?

The Zillow survey was conducted in mid-January 2022.

ZILLOW GROUP INC

NASDAQ:ZG

ZG Rankings

ZG Latest News

ZG Stock Data

16.99B
219.46M
2.94%
85.85%
0.47%
Internet Content & Information
Services-business Services, Nec
Link
United States of America
SEATTLE