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    Inside The Mind Of The Millennial Home Buyer

    Inside The Mind Of The Millennial Homebuyer From linoleum floors to wallpaper, homeowner trends change with the times! Discover...

    • Juan Murray
    • November 5th, 2018
    • 3 min read

    Inside The Mind Of The Millennial Homebuyer

    From linoleum floors to wallpaper, homeowner trends change with the times! Discover what has Millennials excited about a home and what they could do without!

    Numbers Don't Lie!

    Even with all the stigma surrounding millennials, they are quickly becoming the largest group of homebuyers today. If they aren't already homeowners, 80% of Millennials recently surveyed expressed a desire in becoming future homeowners! 66% of who are expected to do so in the next 5 years. With such a huge influx of new homebuyers entering the market, it makes sense to question what can current homeowners do to attract the eye of these consumers who are most likely to buy THEIR house! Here are our top five:  

     

    Modest Updates🛠

    Move-in ready! Music to our ears! But especially for millennials - this is after all the on-demand generation. A dollar spent on updating the bathroom is money well spent, not to mention a little fresh paint goes a long way.

    Going Green🍃

    The falling prices of solar panels combined with the ever improving product quality make this a highly enticing feature to have for an environmentally conscious younger demographic! Consider adding solar panels to your home, to save you money and attract potential millennial buyers.

    Outdoor 

    Lifestyle🌴

    77% of Millennials say that they want their outdoor space to have the "relaxing retreat" vibe! Adding a simple outdoor patio with some exterior lighting would go a long way!

    Think Practical Space🤔

    The idea of having a beautifully designed room that is used for a grand total of 5 times a year (we are looking at you: Dining Room) wouldn't be a great use of space or attractive to the millennial mind. Converting this space to an everyday lounge area is the go-to alternative here. No one has ever complained about having more spaces to relax in.

    Smarter Home📱

    Technology has seeped into almost every part of our lives, and it's no surprise this now includes our homes. Adding security features like a doorbell camera, backyard floodlights built-in camera, and smart thermostat are not as costly as they may seem!  

    In fact, Millenials polled that they'd pay 20% more a month in order to secure a home with smart technology!

    What's Our Secret Recipe? 

    Find out how we market your home to reach the digital generation!

    Our Recipe 

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    About the author

    Juan Murray

    (617) 721-0961
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    Juan got his start in the residential real estate market in 1994 and has never looked back. His mission is to provide excellence to his clients, and he is always looking for ways to improve the real estate experience for his clients and colleagues in the industry. Early in his real estate career, he worked as the Housing Rehabilitation Director for a national non-profit organization, Neighborhood Assistance Corporation of America (NACA). His goal was to gain more knowledge of the construction and renovation of existing homes in conjunction with working with 1st-time buyers. He effectively managed over 25 residential construction project managers on the East & West coasts while implementing procedures to improve communication between contractors, property owners, and banking representatives. He also developed resources, designed processes, and organized all aspects of real estate property acquisition and renovation. Juan completed a home inspector licensing course on his way to becoming a licensed home inspector. But after completing 30 inspections as an apprentice observer, after crawling under numerous porches and “crawl spaces,” he decided it wasn’t his cup of tea. Juan has always had a sharp eye for market trends and an innate understanding of what his clients need. That’s why, as a top real estate agent in Boston, he is constantly ahead of the curve, anticipating changes in the market and helping his clients manage their real estate goals. His keen intellect, quick wit, and tireless work ethic make him an invaluable partner for anyone looking to buy or sell property in the Boston area (or via his referral partners worldwide). Although Real Estate is a large part of his life, it is not the only part. He loves hanging out with family and friends, being in the kitchen, enjoying great food, anything Apple or Cole Haan, gadgets, great cigars, F1, motorcycles, photography, and traveling (to name a few). He lives with integrity and tries not to take life too seriously.

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    Juan Real Estate Group

    Juan Real Estate Group

    769 Centre St, Suite 209, Jamaica Plain, MA 02130

    769 Centre St, Suite 209, Jamaica Plain, MA 02130

    Call Us:

    (978) 581.0801

    Message Us:

    [email protected]

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