According to a National Association of Realtors survey, Generation Y buyers (those born between 1980 and 2000) are the second largest segment of buyers in the market today. If you have Chicago real estate, it can be helpful to know what these young buyers are looking for in a Chicago condo or single family home. A recent article from ABC News details the ten things these young buyers are looking for.
They want kitchens and bathrooms that are updated.
Rather than a formal dining room, they prefer a larger kitchen and open space.
These young buyers desire locations that are close to public transportation and are safe for walking.
Young buyers want homes that are easy to take care of and are low maintenance.
Home offices are viewed as a plus.
This is a generation that grew up on technology and they want the latest in their homes.
They want homes that are green and energy efficient.
Young buyers expect homes to be staged.
They want low housing association fees and assessments.
They start their searches online so online photos and details are a big plus.
If you are looking to buy or sell Chicago real estate, contact a Chicago Realtor who is experienced in Chicagoland properties. Contact us and let us help you make the most of your Chicago real estate investment.
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