Meritage Homes Corporation (MTH – Free Report) has introduced Design Collections – a transformative, industry-first approach to transform the new home interior design process for move-up buyers.
Traditionally, most buyers would experience a paradox of choice due to an over-abundance of options that often cause difficulty in decision making. To reduce homebuyers’ pain in building a new home, Meritage Homes commissioned the new Wakefield study that addresses key barriers centered on three main concerns: time needed to design the interior of their new home, making cohesive style choices and sticking to their budget.
Per the study, nearly 40% of buyers spent more than 20 hours in the design center throughout the course of the building process. Moreover, 37% of buyers were found unhappy with the final product and 26% of them noticed a mismatch in their design selections. Notably, 45% of buyers noted that they exceeded their budget in