The National Association of Home Builders (NAHB) reported that as Millennials begin to enter the home buying market, smaller homes will be desirable, laundry rooms will be essential, and home technology will become increasingly prevalent. They reported that top features of a home have to do with energy efficiency such as Low-E windows, Energy Star-rated appliances and programmable thermostats. The top features include a master bedroom walk-in closet and a separate laundry room. Storage is also important, with linen closets, a walk-in pantry and garage storage. Because they generally don’t have as much ready cash–or free time–as older home owners, Millennials are also seeking less expensive, low-maintenance choices like a brightly painted front door, strings of garden lights, and landscaping that needs less watering and mowing, and larger patios.
Two trends were also reported that play into home buying and home renovation decisions. Emphasis on the importance of outdoor living and that generation’s seamless use of technology. Since millennials are very comfortable with their smartphones and tablets, they increasingly seek ways to control their heating, air-conditioning, security and lighting as well as electronics like televisions and sound systems from their phones.
Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau.
At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. To discuss your pending or potential real estate transaction call us at 312-238-9298 for a FREE 15-minute consultation.
Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602
Offering free legal representation to homeowners seeking a short sale
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