{"id":2132,"date":"2019-07-24T00:40:55","date_gmt":"2019-07-24T00:40:55","guid":{"rendered":"https:\/\/wordpress-367241-1200148.cloudwaysapps.com\/?p=2132"},"modified":"2023-04-28T14:54:22","modified_gmt":"2023-04-28T14:54:22","slug":"what-millennial-homebuyers-are-looking-for-might-surprise-you","status":"publish","type":"post","link":"https:\/\/search4.homes\/what-millennial-homebuyers-are-looking-for-might-surprise-you\/","title":{"rendered":"What Millennial Homebuyers Are Looking for Might Surprise You"},"content":{"rendered":"
Millennials are not only the largest generation in America, they are also the largest generation of homebuyers in American history. More than 92 million people fall into the category of Millennial, and as you might expect, they have some fairly strong preferences when it comes to purchasing a home.<\/p>\n
And Millennials do want to purchase homes<\/a>. Although reports of disillusionment and financial struggles among this generation might indicate that homeownership isn\u2019t a priority, about three quarters of Millennials aspire to own their own homes and see real estate as a good investment. That being said, what they are looking for in a home might surprise you. <\/p>\n You might think that Millennials would prefer to buy in urban neighborhoods \u2013 think cool industrial lofts within walking distance of several craft breweries \u2013 but the overwhelming preference of Millennials is for homes in suburban areas. In fact, studies have shown that only about 5-16 percent of Millennials<\/a> want to buy property in the city, as in downtown or midtown Atlanta<\/a>. Instead, they are looking for more space where they can raise their families for less money.<\/p>\n Within those suburban areas, Millennials want to buy homes in areas that have a strong sense of community. Many want to get involved in their neighborhood activities and have a sense of belonging, so they are interested in buying homes in active neighborhoods that have a lot going on and where people get to know their neighbors.\u00a0 This is why areas in Gwinnett<\/a> and Cobb County<\/a> are growing so fast.\u00a0 They offer the convenience of a city but the amenities and slower pace of a suburb.<\/p>\nLocation<\/h2>\n
Style<\/h2>\n