5 Features Younger Home Buyers Want

Dated: August 29 2019

Views: 66

Image title

Millennials are making their way to the real estate market in droves. Here's what many of them will be looking for to meet their housing requirements.

  1. Affordable Price. Millennials are budget conscious. Many are facing mountains of student debt and have seen what a recession can do to an economy. However, they are optimistic about the future and a good portion of them have experienced wage increases or built successful businesses on their own. Now they are confident they can afford to buy a home.

  2. Space. Many young people are move-up buyers. Some are going from apartments or condos to houses where they can experience the American Dream. Some couples are adding kids to the picture. Others just want more space for entertaining.

  3. Safety. Secure, stable neighborhoods within the boundaries of good school systems are on the radar for Millennials. They may be known for waiting until later in life to have kids, but later in life is coming quickly. Suburbs are going to be a hot spot.

  4. Houses they can flip. Millennials may be looking for homes, but for a lot of them, it won't be a forever home. Young buyers are more open to making an investment in a home by staying for a few years, making some improvements and then moving on.

  5. Quality. Budge-friendly fixes and fixtures are acceptable, but cheap and unreliable. Millennials are willing to invest in things that will last longer and hold up to some wear and tear. They also value aesthetics and design, and will be looking for interiors and exteriors that will be in style for years to come.

If you're a young person currently in the market for a home or if you've already bought one, comment about what most draws you to a home. What matters most to you or what do you tend to immediately notice when first walking through a home?

Blog author image

Rachel Librach - CalDRE #02081922

I understand that buying a home can often times be one of the biggest financial decisions of a person's life. Not only can the whole process seem stressful, emotional, and time consuming, but if you a....

Latest Blog Posts

Keyword Help Sell Houses Faster And For More Money

According to an industry analysis of listing descriptions from more than 2 million homes sold in the last few years, houses with listing that contain certain keywords often sell faster and for more

Read More

The Perfect Cabin Get Away Awaits

7120 Quietwood Dr, Grizzly Flats, CA 956362,160 sqft | 0.96 Acres | 3 Bedrooms and 2 BathsThis beautiful HUD Home is the perfect Cabin Get-Away! Located in a quiet neighborhood, this home features a

Read More

Incredible HUD Home For Sale In Fair Oaks

8930 Van Gogh Cir, Fair Oaks, CA 956282,960 sqft | 0.34 Acres | 4 Bedrooms & 2.5 BathsBring your hammer and tools because you just found the gem of the neighborhood! Backing to a gorgeous Greenbelt,

Read More

Make The Final Walkthrough A Priority

Some buyers are so busy coordinating the details of their move that they opt to skip the final walk-through. Here are some reasons why you want to prioritize this in your countdown to moving day

Read More