According to data collected by HUD millennials made up approximately 1/3 of the home buyers in the market. Here are some of the features they are looking for according to the data provided by the NAHB:
1. 78% favor an open kitchen plus family room concept
2. 81% want three or four bedrooms
3. 64% want at least 2 or 2.5 baths
4. 55% think a laundry ROOM is ESSENTIAL and another 35% thought it was desirable
5. 84% are willing to pay more to get a highly energy-efficient home.
Things they dont want include:
1. 57% don't want a golf-course community
2. 47% did not want a master bath with a shower but no tub
3. 47% did not want to live in a high-density community.
They also weren't too hihg on gated communities, wine coolers, and laminate countertops and wet bars. They're willing to make a longer commute to get the home they want.
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