The NAHB (The National Association of Home Builders) conducted a survey to ask those present house hunters, who have been actively searching for a home for at least three months, about their future plans if the right home remains elusive in the several months ahead:

• 62% will continue looking for the ‘right’ home in the same preferred location,
• 36% will expand the search area,
• 21% is willing to accept a smaller/older home,
• 16% might buy a more expensive home