October 2016

Found 1 blog entry for October 2016.

Did you know that 31% of homebuyers in the US are millennials?

I was recently reading an article that spoke about millennial buyers in our market. What I found interesting is that there’s no mention of what this means for sellers, so here’s my take on it:

  • Most millennials are not looking for a fixer-upper. Making modern updates, like adding new fixtures, to your home will not only raise your home’s value, but make it desirable to this group.
     
  • Transitioning rooms into spaces that can function as home offices that these young buyers can envision themselves working in, rather than focusing on things like nurseries, is one way to make your home relevant towards their needs.
     
  • Millennials are looking to make an investment through their first home, so
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