Men and women born between 1980 and 2000 — now make up about 35 percent of the housing market, and they’re changing the way we build homes. Technology is essential. Some new homes already come with a built-in resident -- Alexa.
Today, prospective buyers start their home search online, looking at photographs and reading the details of homes on the market. According to the N ational Association of Realtors , 99 percent of millennials search online for homes for sale.
These younger buyers also live a busy lifestyle, with work taking up a good part of their day. Anything to put home life on cruise-control is a selling point. Millennial homebuyers love climate control systems, televisions, home security, and automatic sprinklers that they can adjust with the tap of an app or via a virtual assistant.
Energy Efficient
The new generation of homebuyers cares about the environment and saving money. Energy efficiency is crucial. Homes that offer the RESNET Energy Smart label translate to lower utility bills, a lower carbon footprint, and appliances that last longer.
Solar panels and zero-energy homes are big draws. This environmental focus carries over to lawn care, too, with millennials often opting for electric lawn mowers or even throwback manual push mowers.
Inside the house, there are three main focal points:
Seven out of 10 millennials own at least one dog. That’s why many are moving out of apartments and into houses with backyards. Sturdy fencing is important -- you don’t want your best friend to run away! Shade trees and an area for the dogs to run are perks that sell.
The best thing about buying a brand new home is the opportunity to design it yourself. Want his and her home offices or an outdoor kitchen? Mix and match the features that meet your needs. You’re not just building a house with Allen Edwin Homes. You’re building a future.
When Linda Zhang isn’t redoing one of the rooms in her own house, she’s writing about home decor and other real estate issues.
* This is NOT a commitment to lend. Financing example is based on a sales price with a 5% down payment. Mortgage is an FHA loan with 2 points and an interest rate of 5.5% (APR to be determined by a lender). Offer available on select homes purchased between February 1st and February 28th that close by March, 2025. Allen Edwin Homes reserves the right to change prices, incentives, plans & specifications without notice. Buyer must utilize Builders Preferred Lender to receive promotion. Total Closing Cost contribution subject to Seller’s contribution limitations based on Mortgage Programs and loan to value guidelines that are outside Seller’s control. All Loans are subject to loan qualifications of the lender. Rates, terms and conditions are subject to change without notification. Certain loan programs may not qualify for the full incentive. Any unused portion of the funds cannot be applied to cost of home, options, elevation premiums, or lot premiums. Any unused portion will be forfeited. Additional conditions or restrictions apply. See Allen Edwin Homes Sales Professional for more information. Offer expires February 28th, 2025.
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