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“Pre-owned” is a euphemism for a home you acquire second-hand or fifth (or even tenth - in the case of a heritage house). According to the National Association of Realtors, Americans purchase approximately 3 million homes annually. Of these, some 2Vi million are pre-owned homes. What accounts for their popularity?
Beyond the very practical advantages offered by older homes, they exert an emotional appeal as well. Charm is a major factor; so too are individuality, and privacy resulting from hedges and full grown trees.
In addition to these
92.7%