Gen Y home-buying trends revolutionize the housing market in Keller, Southlake, North Richland Hills
The housing market is thriving in Keller, Southlake and North Richland Hills and the driving force is an estimated 92 million Gen Now consumers between the ages of 19 and 37 entering the market to become new home buyers across the country between now and the year 2020. These consumers have grown up during the introduction of the Internet, social networking, mobile devices and a huge recession. Not surprising, this massive group is demanding far different features in their homes from what their parents and grandparents have desired in the past, and it may forever change the way homes are designed and built in the future.
Top housing trends among this generation include:
Socialization
Open floor plans are a must. They want spaces to work together and encourage interaction, not separation. The kitchen is still viewed as the heart of the home, and it must be a place where socialization can thrive. Other spaces must work with the flow of the home, with thoughtful design used for bedrooms, bathrooms and laundry spaces. Built-in storage is a must to maximize the utility of space.
Energy efficient design
This generation sees their homes as a reflection of their own values, and because so many of them value green living, they want a home that complements this lifestyle. Energy-efficient upgrades are considered a worthwhile investment.
Tech-friendly features
The modern homebuyer wants a home that is connected seamlessly with their smart devices, and that means incorporating plenty of tech-friendly gadgets and wireless features into the home design. Electronic drop zones next to entranceways, device recharging stations in work areas and family rooms, and plenty of home-automation upgrades in the kitchen and entertainment spaces are what Gen Y wants in a home today.
Adaptable spaces
Modern homebuyers have a keen eye for use of space and how they will need to use these areas, which is why they want homes that flex to meet their changing needs. Rooms created for transitional use might include a flexible game/entertainment room, or an office that can easily be morphed into a nursery in the future.
Modern design
A savvy group when it comes to their design preferences, this generation may take a simpler approach to living, but they want their spaces to be full of style and functionality. They love integrating bright color, thoughtful design and rich texture throughout interiors. They want a home that is a reflection of their own personal style – something more unique than the cookie-cutter home designs they associate with their parent’s generation. They want a mindful and organized approach to customization to craft a house they can call a home for many years to come.
Whether it's selling your home or finding a new one, we have designed this site so that you can quickly and easily locate the information you are looking for. The Grove Team's client-centered approach results in the best possible outcome for you. Please contact us now to begin the process of achieving your dreams in home ownership.
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