What Does Each Generation Look For In A Home

What Does Each Generation Look For In A Home

Different generation have distinct preferences and priorities when it comes to Lifestyle choices. Discover how these can impact their home-buying decisions. 

MILLENNIALS - They tend to prioritize experiences and socialization, which is why they gravitate toward areas near restaurants, bars and entertainment venues. They're also looking for modern home technology that allows them to control appliances, heating and cooling, home security, and more

GENERATION X -  Some would-be Generation X homeowners are still recovering from the market crash of 2008-2009, which resulted in numerous foreclosures and made it a difficult time to purchase a home. Those returning to homeownership tend to look for locations close to work or their children's schools. Suburban neighborhoods are appealing to the Gen Xers, as they typically provide lower population density and more living space.

BABY BOOMER - Many baby boomers are downsizing their homes as they pay off mortgages and approach retirement. Some baby boomers wish to live in an active community close to restaurants and shops, and some prefer to live near others in their age group. Regardless, most baby boomers wish to remain independent while living near friends and family.

Karin Waterschoot-Perez Headshot
Phone: 614-774-1741
Dated: October 28th 2021
Views: 114
About Karin: Executive Vice President of Sales Experienced Realtor, Karin Waterschoot-Perez, currently serves ...

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