Engineering & Construction
Watch: Developers Adjusting to Millennial Home-Buying Preferences
Surprisingly to many, millennials make up the largest block of home buyers in the U.S., accounting for 42% of all sales over the last 12 months. That number is up from 31% just five years ago. So home builders are responding. Real estate professionals have noticed Millennials are more interested in open layouts that allow…
Surprisingly to many, millennials make up the largest block of home buyers in the U.S., accounting for 42% of all sales over the last 12 months. That number is up from 31% just five years ago. So home builders are responding. Real estate professionals have noticed Millennials are more interested in open layouts that allow for more customization, rather than in-home amenities like wine cellars or home theaters. And of course with Millennials being tech savvy, neighborhoods with gigabit services, which allow for fast internet streaming, have been most popular.
