Top 10 Wants of Millennial Home Buyers and 3 Seller Responses

Great information about a growing segment of buyers.

East Bay Real Estate Focus

From Patty Loveless to Mariah Carey, the music has changed but the message remains: “Nothing ever stays the same.” This is categorically true as it applies to the tastes, wants and desires of homebuyers – especially the category labeled “Millennials or Gen-Y.”

Young BuyersRepresenting a growing segment of the home-buying public, Millennials are living in a world dramatically different than the one their parents experienced: the up and coming generation’s world view has been shaped by the events surrounding 911, the Economic Meltdown in latter half of the first decade of the new Millennia and the growing influence of technology on daily life.

No wonder Millennial’s preferences are significantly different than those of previous generations.

Just a few short years ago, this age bracket was comfortable living at home with the parents with no move-out date in sight. Jaded by world and economic events, they were in no hurry…

View original post 1,739 more words

About marlenebertrand

Owner of Bertrand Realty. Real estate and home lifestyle journalist. Personal interests include gardening and rustic home decor.
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2 Responses to Top 10 Wants of Millennial Home Buyers and 3 Seller Responses

  1. Billybuc says:

    My 34 yr old son is living in our grandma apartment out back….I’m not sure he will ever leave. 😦 It is a different world we live in, my friend.

    Liked by 1 person

    • It is a different world, Bill. It’s very difficult for the millennials to get into the market these days. Rent prices are excessively high and lenders want incredibly high credit scores to qualify buyers for a loan. There aren’t many options but to move in with a family member who has the space to house them.

      Like

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