The National Association of REALTORS recently conducted a survey of "What Buyers Want" and real estate columnist Mark Nash annually posts his opinions on "what's in and what's out with homebuyers in 2008".  Combining the best of both (some are realistic - some are far-fetched) - the opinions show....

~  buyers want oversized garages, updated kitchens, baths, pristine conditions and a perception of value

~   they want destination bathrooms that have evolved into a home getaway with several task areas, throne bathtubs, wireless internet access, multiple flatscreen tv's and even outfitted with serving bars for wine coolers, espresso machines and snacks;

~   pet showers are "in" for 2008.  No longer will the kitchen or work sink do.  Dedicated dog showers are an emerging trend - featuring a 3'X 3' shower base, surrounded by ceramic tile 4 feet up the wall.

~    Outdoor living spaces that look like the interior - including "statement" fireplaces, entertaining kitchens and finishes that can withstand the weather.

~   Monitoring and controlling with hand-held devices ... that close the blinds, turn on and off lights and turn the air conditioning up or down.

And last, but not least ... what's out for 2008 according to the survey:

~   formal living rooms (the "great" room has replaced the living room).  Informal spaces for eating, cooking and living have conquered the forced museum space of the living room.

~  McMansions (size does not matter if it's not well finished).  In 2008, the survey shows that buyers want quality - not quantity.

~   Huge ceiling heights:  Buyers now prefer ceilings between 9 and 11 feet.  If you can't add a loft in a soaring room, "downsize me" - height-wise.

~    Also on the "out" list are ... mosaic tile and Adjustable Rate Mortgages.

 

 

 

7 Comments on What's In & What's Out

MAR
08
2008
121,618 Points 2 Featured Posts Outside Blog
Shirley~This is a great list of information for what buyers are looking for. Based on the requests from my clients, I would say this is right on. Have a great weekend!
9:10am • #1
181,636 Points Outside Blog
My wife sells new homes and is competeing with a lesser builder.  Once they step into her homes the sighing starts.  You can see quality.
9:12am • #2
224,298 Points 6 Featured Posts Outside Blog
Great post Shirley.  Thanks!  Pet showers!  I have cats to I would still have to have a full body suit on!
11:23am • #3

Hi Shirley:  LOVED this post!  May I have permission to reprint part of it in our local paper, with proper reference to you of course.

Please let me know.  Thanks!

Jacki & Jerry Shafer, The Shafer Team, Keller Williams Louisville East

 

 

 

12:25pm • #4
This is great info - I'm going to share it with everyone in the office!
12:35pm • #5
301,544 Points Outside Blog

Jacki & Jerry, I sent you an email and of course it is ok and you don't really need to refernce me since I got the info from our local board.  Thanks for the compliment.  :-)

Susan, I understand that cats don't care for showers...LOL.. I have a little beagle who stands perfectly still for his bath.

Julie and Gene, Thanks for your comments!

8:42pm • #6

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Shirley Parks, North San Antonio TX Real Estate 210.414.0966

San Antonio, TX

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Realty Executives Alamo

Address: 2815 N. Loop 1604 #104, (Loop 1604 & Redland Rd.), San Antonio, TX, 78232

Office Phone: (210) 414-0966

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