Lock down orders implemented across the US to fight the spread of the coronavirus have given rise to more people working from home and engaging in other activities indoors that they would normally do in public spaces. With the major shift in where people spend their time, it is important to examine the data currently available on home buyers’ preferences… Read More ›
Tag Archive for ‘What Home Buyers Really Want’
Millennial Buyers’ Willingness to Pay for Green Features
Results from NAHB’s report, What Home Buyers Really Want (2019 Edition), show that Millennials want an environment-friendly home, but few are willing to pay more for it for that reason alone. They are, however, willing to pay for certain green features, such as those that provide energy efficiency and cost saving benefits over time. When asked ‘how concerned are you… Read More ›
Specialty Rooms Wanted by Millennial Home Buyers
A laundry room is the most popular specialty room (anything other than a bedroom, bathroom or kitchen) among Millennial home buyers, with 86 percent of them reporting that it is a desirable (36 percent) or essential/must have (50 percent) room (Figure 1). This data comes from a recent NAHB report, What Home Buyers Really Want (2019 Edition), which is based… Read More ›
Top Bathroom Features Among Millennial Home Buyers
The most wanted bathroom feature among Millennial home buyers is ‘both a shower stall & tub in the master bath’, according to a report recently published by the National Association of Home Builders (NAHB), What Home Buyers Really Want (2019 Edition). Seventy-six percent of Millennial home buyers want this feature. The report is based on a survey that asks prospective… Read More ›
Top Community Features Wanted by Millennials Home Buyers
A park area is the top community feature wanted by Millennial home buyers (71 percent), according to an NAHB report, What Home Buyers Really Want (2019 edition) (Figure 1, hover over bars for total shares). The report is based on a survey asking prospective and recent home buyers about the features they want in a home or community. As part… Read More ›
Millennials Want Spacious, New Single-Family Homes
Millennials (those born in 1980 or after) want a median of 2,407 square feet in a home, according to the NAHB report, What Home Buyers Really Want (2019 Edition). The report is based on a survey of prospective and recent home buyers and asks them about the features they want in a home and a community. The median square footage… Read More ›
Top Green Features Millennials Want in a Home
Energy Star®-rated appliances are the green feature that Millennials want the most in a home (75 percent), according to an NAHB report, What Home Buyers Really Want (Figure 1, click on bars for total shares). The report is based on a survey that asks prospective and recent home buyers about the features they want in a home or a community…. Read More ›
The Layouts Millennials Want in a Home and Other Preferences
What kind of layout do Millennials envision for their home? A plurality of Millennials – 43 percent – want a completely open layout for their family room and dining room, a higher share than any other generation, according to an NAHB report, What Home Buyers Really Want (Figure 1). The report is based on a survey that asks prospective and… Read More ›
The Countertops and Colors Millennials Want in Their Kitchens
A recent survey conducted by the National Association of Home Builders highlights the preferred kitchen colors and features among recent and prospective Millennial home buyers (defined as those born after 1980). A considerable share of Millennials – 31 percent – prefer white kitchen cabinets. However, as far as other cabinet color options, Millennials are essentially split: 18 percent prefer dark… Read More ›
Top Home Technology Features
According to the latest edition of NAHB’s study, What Home Buyers Really Want, 46 percent of recent and prospective home buyers want a security camera in their home, more than any other home technology feature listed in the survey. The study is based on a survey that asks recent and prospective home buyers (people who bought homes in the previous… Read More ›