New Trends for Generation Y

By
Real Estate Agent with Metropolist License #88953

I read an article earlier this week listing trends we're likely to see based on a survey by a firm (RCLO) of Echo New Trends for Generation YBoomers (kids of baby boomers born between 1980 and the early 2000s). 

- They like an urban feel but not necessarily in the city.  Although suburbs are not their cup of tea either.
- Walkability is a big plus.
- No lawns to mow.
- Outdoor fire pits are a big plus.
- No formal dining rooms but big spaces for friends to gather - think party room or game room.  Not necessarily in their own home.
- Big shower - no tub
- Space in front of the TV for Wii.
- And even meals are in front of the TV; they're not looking for spacious dining rooms and family gatherings around the dining room table.

Here is the article if you'd like to read more:
http://realestate.yahoo.com/promo/no-mcmansions-for-millennials.html

Posted by

_________________________________________________________________

Kate Pedersen

Broker / Realtor ®

206.841.5947

Realty Executives

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Rainer
211,183
Devona Garrigus
Garrigus Real Estate - Redlands, CA
REALTOR® / Short Sale Specialist

Kate - These are very interesting shifts for buyers. Space in front of the T.V. area for Wii and other "body movement" video games makes me smile. Wow, how things have changed!

Jan 20, 2011 10:09 AM #1
Rainmaker
80,856
Pat Yoest
Century 21 Aadvantage Gold, 702-719-2100 - Las Vegas, NV
702-521-1442

I am familiar with this generation.  I have two that are this generation.  some of them have a long way to go before becoming responsible home owners.  I think that's why boomers are adding on to their homes.  Many gen Y ers are moving home.

Jan 20, 2011 10:09 AM #2
Rainmaker
752,897
Robert Rauf
HomeBridge Financial Services (NJ) - Toms River, NJ

And they want you to TXT them, Email is too darn slow!

We all have to roll with the punches and mold ourselves to the individual client.

Jan 20, 2011 10:11 AM #3
Rainmaker
449,858
Vickie McCartney
Maverick Realty - Owensboro, KY
Broker, Real Estate Agent Owensboro KY

Hi Kate ~  Three of my four children are Generation Y and I can totally relate to what you are saying here and the article is so true!  I hate TV and the Wii, go figure!

Jan 20, 2011 10:13 AM #4
Rainmaker
807,610
Kerrie La Guardia
ActiveRain, Community Manager - Kirkland, WA
Let it Rain!

Ha!  My sister had to remount her flat screen so my nephew's Kinect would work! 

Jan 20, 2011 10:21 AM #5
Rainmaker
82,664
Kate Pedersen
Metropolist - Seattle, WA
because life moves you

Agreed, it's fun to watch trend changes.  I love the fire pit or outdoor fireplaces.

Jan 20, 2011 12:10 PM #7
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Rainmaker
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Kate Pedersen

because life moves you
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