Homebuyer: meaning, definitions and examples
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homebuyer
[ ˈhoʊmˌbaɪər ]
real estate
A homebuyer is an individual or group that is purchasing a residential property. Homebuyers can be first-time buyers or experienced investors, and they often require financing or a mortgage to complete the purchase. The homebuying process usually involves searching for properties, negotiating prices, and navigating through various legal and financial requirements.
Synonyms
Examples of usage
- The homebuyer was excited to find a perfect house.
- Homebuyers should be aware of current market trends.
- Many homebuyers seek assistance from real estate agents.
- A first-time homebuyer often has many questions.
- Homebuyers need to prepare for inspections before finalizing a purchase.
Translations
Translations of the word "homebuyer" in other languages:
🇵🇹 comprador de casa
🇮🇳 घर खरीदार
🇩🇪 Hauskäufer
🇮🇩 pembeli rumah
🇺🇦 покупець житла
🇵🇱 kupujący dom
🇯🇵 住宅購入者
🇫🇷 acheteur de maison
🇪🇸 comprador de casa
🇹🇷 ev alıcısı
🇰🇷 주택 구매자
🇸🇦 مشتري المنزل
🇨🇿 kupující domu
🇸🇰 kupujúci dom
🇨🇳 购房者
🇸🇮 kupec hiše
🇮🇸 hús kaupandi
🇰🇿 үй сатып алушы
🇬🇪 სახლების მყიდველი
🇦🇿 ev alıcısı
🇲🇽 comprador de casa
Etymology
The term 'homebuyer' combines two words: 'home' and 'buyer.' The word 'home' has its origins in the Old English term 'ham,' which referred to a dwelling place or shelter. It conveys a sense of safety, comfort, and belonging. The word 'buyer' comes from the Old English 'bycgan,' meaning to purchase or acquire. As real estate as a concept evolved, especially in the 20th century with rising urbanization and property ownership becoming more common, the term 'homebuyer' gained prominence. The economic shifts, including the growth of mortgage options and increased access to housing, have resulted in a significant increase in homebuyers, thus solidifying the term's usage in modern vocabulary. This word encapsulates not just the act of purchasing a property, but also reflects a significant milestone in many people's lives, representing stability and investment in one's future.