What Millennial Home Buyers Are Looking For in Their First Home
While home is a universal concept, there is one generation making extra waves in today’s real estate market. Representing about a fourth of the population, this group of young group of consumers are setting trends from technology to fashion and even food and are now emerging as a dominant force in today’s real estate market.
This year, it’s anticipated that more than half of all home purchases will be made by first-time buyers, and most of these newbies will be millennials. So, if you’re considering putting your home on the market, there are several ways you can make your home more attractive to this next generation of home buyers.
From adding smart home tech to pulling up that dreaded carpet, Nick Gagis of Coldwell Banker Residential Brokerage shares what millennial home buyers are on the hunt for in this episode of NBC Open House.