Do you have different buying habits than your parents or children?
Why buyers choose a home? Younger generations look for convenience to work, affordability, and quality of school districts as reasons they chose their home. Older generations say conveniences to health facilities, and living near family and friends were important to them when purchasing a home.
Generation X & Y are moving towards larger, higher priced homes while Baby Boomers are downsizing.
Younger buyers tend to stay within 10 miles of their current home and older buyers move 20+ miles from their current residence.
1,900 square feet is now the median of home purchases by all generations.
*Information taken from our monthly email report provided by Buffini and Company.
Author:Lauren Dauzat Phone: 832-573-3610 Dated: January 16th 2014 Views: 1,663 About Lauren: After completing her Bachelor of Science in Interior Design, with a Minor in Art, at Stephen F. Aust...