02/16/2017
The Power of Pets
When making decisions about buying, selling or renovating their homes, Americans, by and large, take their pets' needs into account, according to a new report from NAR. The 2017 Animal House: Remodeling Impact report found that 81 percent of respondents said that animal-related considerations play a role when deciding on their next living situation.
In fact, according to the survey, 99 percent of pet owners said they consider their animal part of the family. This becomes apparent in the sacrifices pet owners are willing to make when it comes to buying and selling homes. Eighty-nine percent of those surveyed said they would not give up their animal because of housing restrictions or limitations. Twelve percent of pet owners have moved to accommodate their animal, and 19 percent said that they would consider moving to accommodate their animal in the future.
REALTORS® who were surveyed indicated that one-third of their pet-owning clients often or very often will refuse to make an offer on a home because it is not ideal for their animal. REALTORS® also noted that 61 percent of buyers find it difficult or very difficult to locate a rental property or a homeowners association that accommodates animals.
