Saturday, 25 November 2017

Home features that attract Millennial buyers

Written by Posted On Monday, 01 August 2016 16:19

15 features to attract Millennial home buyers. Redefy Real Estate

Millennials (aka Generation Y) range from 18 to 34 years old and represent the largest generation in the US, according to the Pew Research Center. It’s easy to picture them as student-debt-loaded grads living in their parents’ basement who aren’t ready to buy. Don’t underestimate the power of Millennial home buyers.

The National Association of Realtors’ Field Guide to Millennial Home Buyers attributes 31 percent of the market to this group. They expect this number to go up dramatically. Fortune magazine says their purchasing power is expected to increase from $600 billion to $1.4 trillion in the coming years. So get your house ready for millennial home buyers by playing up the features that attract them:

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  1. Updated kitchens and baths: The motivation for these features isn’t based on a need for all things new but a lack of cash to update what’s old. Counters and appliances are the most sought-after updates. READ MORE
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Redefy is a full-service real estate brokerage committed to returning value to customers through superior service and flat fee listings. Redefy Real Estate was named a finalist for the 2015 Most Innovative Real Estate Company of the Year award by Inman, the industry’s leading source of real estate information. For additional information about Redefy, visit redefy.com.

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