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What Will Home Buyers Want in 2010?

By
Real Estate Agent with Sothbey's International Realty

While conducting it 2009 home design trendssurvey of 500 architecture firms and home buyers, the American Institute of Architects has discovered home buyer prefer smaller, better designed homes.  

Following is a summary of the survey:

1. There will be a  shift toward “smaller, better-designed homes”.

2. Open floor plans will still be popular.

3. Since many two-income couples are now working at home, there has been an increased demand for extra office space.

4. Younger home buyers are more interested in affordable, eco-friendly homes.

5. Buyers favor making full use of their living space, including outdoor areas. Which include outdoor living enhancements such as fire pits and kitchens as popular incentives so buyers may enjoy as much of their property as possible.

Overall, buyers want a highly functional space that is well-designed and inexpensive to maintain.

Currently, there are many great opportunities to purchase a home in Hoboken. Perhaps you are considering buying your very first home, or you may be at the point in your life that you are searching for your ultimate dream home. If either may be the case or if it is something in between, contact Eddie Perez at (201) 344-2886 or go to Hoboken Condo Expert.

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Edward Perez, Broker Associate
NJ Luxury Group at Sotheby's International Realty
201.344.2886 mobile
edward@NJLuxuryGroup.com

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John Combs
Alan Deblat Real Estate Corp. - Oceanside, NY

Interesting post on home trends. I just  read yesterday about  Katrina style homes going up in my area. They will be smaller, eco friendly  and have solar panels.

Dec 20, 2009 10:48 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Eddie, looks like smaller houses will need outdoor living enhancements to move entertaining outside. Thanks for the update.

Dec 20, 2009 11:25 PM