A 1983 survey of Texas homebuyers reveals a high degree of mismatch between their preferred and actual residences. Analysis indicates that the logit of fulfilling residential preference is largely determined by the type of area preferred and the occupation and age of the homebuyer. Mismatch is most common among homebuyers preferring a suburban location, less so for those preferring nonmetropolitan residences, and lowest among people preferring central cities. Occupation as a social structural variable also affects homebuyers ’ chance of fulfilling residential preference. Professionals are more likely to fulfill their residential preferences than persons in other occupations. Finally, younger persons suffer a higher degree of residential mismatch than older persons.