Nearly half of Scottsdale homebuyers surveyed by The Demand Institute who say they plan to move at some point in the future say that location still matters for them.

While some Scottsdale homebuyers say they will move for a larger or nicer home, or perhaps buy a home for the first time, three out of every four movers say that a location consideration is a reason for moving.

Most Scottsdale homebuyers surveyed still say location is an important factor

Most Scottsdale homebuyers who answered the survey said they won't go very far. More people seem to be wanting to move closer to city centers and are looking for denser, more walkable living. But most Americans in general say they will still continue to choose to live in the suburbs.

Findings of Scottsdale Homebuyers Surveyed

For most Scottsdale homebuyers, the location of their home is as important as or even more important than the physical home itself. So it's not surprising that location-related reasons play a critical role in the decision on when and where to move. 75% cite one or more location-related reasons for why they are planning to move.

While location plays a big rol in housing decisions, most Scottsdale homebuyers say they will stay in state, and more than half (59%) will move within 30 miles of their current home, and 27% of those plan to move less than 10 miles from where they live now.

A big factor for Scottsdale homebuyers is the desire to feel safe where they live. "Safe Neighborhoods" is a top unmet housing need for many Scottsdale homebuyers, as well as most Americans nationwide.

Other location-related priorities vary greatly. Those with school-age children care about good schools, while those in the workforce want to be close to their job. Others want to be in walkable areas near entertainment, services and public transit, and some don't want to be close to anything at all.

Since most Scottsdale homebuyers have at least one car, they continue to be fine with being a short drive from most services and amenities. Still, most do want to be within walking distance of one or two places, like a park, bus stop or convenience store.

There are important benefits associated with more walkability. More walkable communities report stronger expectations with home price growth, and are also more likely to report that their quality of live has improved in the past few years.

As you can see, there is tremendous diversity among Scottsdale homebuyers in terms of features and benefits. This diversity will likely persist going forward, given that these differences reflect divergent consumer needs and preferences. And this is a good thing, providing Scottsdale homebuyers with options consistent with their life stage and preferences.

If you're considering joining the ranks of Scottsdale homebuyers but are not sure where to begin, give us a call or fill out our short contact form here on our site. We're always available to sit down and discuss your moving plans with you and help you find the right neighborhood for your lifestyle and desires.

We're betting you thought lower Scottsdale gas prices could only mean positive things for the economy, right?

If you're in the market for a home mortgage, Scottsdale gas prices could be having an effect on the rate you can get.

Scottsdale gas prices can actually have an effect on the mortgage rate you can get when buying a home

How Scottsdale Gas Prices Affect Mortgage Rates

Believe it or not, oil investments and Scottsdale gas prices (along with lots of other things) have an indirect effect on mortgage rates.

One of the strongest predictors of mortgage rates is the yield on a 10-year Treasury note. Basically if the yield is low, so are mortgage rates. The buying of bonds can represent relative safety for oil investors, and what oil prices mean for the world's economy.

Oil prices, as well as Scottsdale gas prices, continues to fall in large part because there is less demand. Less demand comes via weakening economies across the globe. The lower oil prices may also disproportionately affect countries like Russia, which are already suffering from instability. All of this leads to a flight to quality, and the safe haven is almost always the U.S. Bond Market.

With Scottsdale gas prices dropping and no one quite sure when or where they'll stop, U.S. bonds give investors a certain comfort that the oil market isn't currently providing. (Treasury bonds will always be paid off to prevent the government from losing the confidence of its investors and creditors at home and abroad.)

The problem for these investors is that everyone has the same idea. If everyone starts buying bonds, it drives down yields because the government doesn't have to offer such a high rate of return to get people to buy. This, in turn, drives down mortgage rates.

Some economists believe the benefit to the housing market is largely indirect in the form of more consumer spending, leading to job and income growth and ultimately making it easier for people to buy homes.

It should be noted that the 10-year Treasury note only affects the base mortgage rate. A number of factors go into the actual interest rate a homebuyer can get, including their credit score, the number of points paid on the mortgage and the down payment amount.

We'll keep you informed on Scottsdale gas prices and how the price you pay at the pump could affect your mortgage rate. In the meantime, you can get more information about factors that control Scottsdale mortgage rates in our section on Scottsdale Mortgage Info to your right under Scottsdale Real Estate Categories.

Remember, we post tips daily to Twitter, and also on our Facebook Page. We'd love you to check us out there too.

In our last video report, we took a look at how Wall Street experts and people on Main Street fared in 2014 when it came to predicting what was going to happen to the stock market, oil prices, and housing prices. In this report, let's see what the experts and a few people on the street think will happen to Scottsdale housing, oil and the stock market, in 2015…

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So what do you think the Scottsdale housing market will look like when we look back at 2015?
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Remember we not only keep our site here updated on a regular basis about Scottsdale housing, but we also post daily to Twitter and Facebook as well. We'd love to have you find and follow us there.
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The latest Gallup poll shows that the average American has a lot of problems, but owning a home is not one of the biggies any more.

Right now, more Americans are concerned about healthcare costs, low wages and a lack of jobs.

When it comes to the capital markets, they worry about the cost of college for their children.

But, the most striking result of the Gallup poll, explained in the chart below, is the shift in the attitude towards owning a home.

Owning a home is roughly half as important to Americans today as it was 3 years ago

Owning a Home Half as Important As Three Years Ago

In just three short years, the number of Americans who cite the costs associated with homeownership and renting as one of their biggest financial worries, sliced firmly in half.

In 2012, a full 12% of Americans put this cost at the top of their financial worry. Now it's dropped all the way down to 6%.

Although when broken down by income, the results skew somewhat.

Below the $30k/year bracket, housing is the most important worry for 9% of the respondents. That lowers to 4% in the $30k to $75k range. But then, it jumps up to 6% for Americans making more than that.

Perhaps not surprisingly, lower-income Americans name "lack of money/cash flow" and "not enough money to pay debts" as their top most important money woes.

Find more news articles as they relate to owning a home in the Scottsdale Real Estate News section under Scottsdale Real Estate Categories to your right. And find us on Facebook and follow us on Twitter for daily updates we post there as well.

Scottsdale home improvements have seen record spending over the past three years due to the resurgence in home equity over that period of time, but spending is set to soften in coming months.

Spending on Scottsdale home improvements is expected to decline in the coming months

According to the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, the center's index, the Leading Indicator of Remodeling Activity (LIRA), projects that annual growth in home improvement spending will decelerate from 6.3 percent in the first quarter of 2015 to 1.6 percent by the third quarter.

Chris Herbert, Managing Director of the Joint Center says, "Homeownership rates continue to slide as lending remains tight and first-time homebuyers are not yet returning to the market." Growth in Scottsdale home improvements and remodeling spending is expected to drop somewhat in 2015 due partly to weakening home sales last year.

However, the Federal Housing Administration's (FHA's) recent announcement of a decrease in their mortgage insurance premiums could spur a new wave of first-time home buying since this is the category of borrowers most affected by mortgage premiums.

Other Factors Affecting Spending on Scottsdale Home Improvements

There are other factors, of course, that contribute to LIRA's outlook for Scottsdale home improvements. Home prices, for example, are still gaining, although not as fast as in previous months. If prices slow further, more buyers could enter the market, purchasing homes that need some remodeling.

House price gains are moderating but still strong and home sales appear to be turning a corner now, all of which bodes well for continued, if more moderate, gains in Scottsdale home improvements for 2015

We have more tips and articles on Scottsdale home improvements in our Scottsdale Home Improvements section to your right under Scottsdale Real Estate Categories. And don't forget, we post daily tips on Facebook and Twitter. Be sure to check us out there as well.