Home Buying and Selling Trends

ONLINE PHOTOS

Ninety percent of buyers begin their search online therefore you want to give the best first impression. Sixty seven of all buyers walk through a home viewed online. When you are selling a home it is about presentation.

HOME STAGING

Home Reality Shows like HGTV, have impacted buyers’ expectations, therefore home staging is desired making it a critical component of selling a vacant home. It helps buyers visualize themselves and defines the key rooms’ best features.

BIG KITCHEN, OPEN FLOOR PLAN

Food Channels have inspired viewers to cook and entertain therefore some buyers are looking for big kitchens and open floor plan where families can gather.

HOME OFFICE

According to the most recent U.S. Census data, more than 13 million Americans work from home, making a home office a wanted space in a home.

WHO ARE THE BUYERS

According to the National Association of Realtors Home Buyers and Sellers Generational Trend Report 2017, Millennials, those born between 1980-2000; comprise the largest segment of the buyer market (34%), ahead of Generation X (28%) which covers those born between 1965-1979. Buyers fall under two categories those that want a turnkey home due to a limited budget and those who are very creative and want a fixer upper to make the home reflect their personality.

 

 

 

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