When it comes to the younger millennials and generation z home buying, there are many challenges and opportunities when it comes to buying a home and here are some key points. Financial challenges with many young people as burdened with student loans and high cost of living. This makes it very difficult to save for a downpayment. Rising home prices in many markets also create barriers. Click link to learn more about affordable millennial home buying power /AFFORDABLE-HOUSING-FOR-MILLENNIAL-HOMEBUYERS---32819---32836---Dr--Phillips-6-20389.html
Changing preferences, this generations often prefers urban living with access to amenities, public transportation and a vibrant community. They may lean toward smaller homes or apartments rather than a large home starting out based on affordability. Sustainability show a growing interest in eco-friendly homes and sustainable living practices. Many younger buyers prioritize energy-efficient features and sustainable materials.
Alternative financing are being explored within financing methods. Each buyer has a different profile, such as co-buying with friends or family and utilizing first-time home buyer programs to alleviate financial pressure. This coincide along with market trends as many are now working from home which is more common, younger buyers are considering homes in less expensive areas leading to shifts in housing demand.
Young buyers are tech-savvy using online platforms and apps to research properties, compare prices and even virtually tour homes. Many upscale homes are built as a smart home, from Alexa and apps on cell phones turning on and off desired items such a security and thermostat in home can be so easy. Find your trusted advisor can help you with more understanding on your home search. AI is used for various aspects of real estate, from chatbots that assist customers to algorithms that predict market trends and property values. AI can also personalize property recommendations for buyers. Drones are increasingly used for aerial photography and videography providing stunning visuals of properties and surrounding areas which enhances listings and marketing materials. Click link to learn more about real estate technology /REAL-ESTATE-TECHNOLOGY---32819---32836---Dr--Phillips-6-26599.html
As a trusted advisor, professional realtor and military veteran I am here to serve you in the Dr. Phillips and Central Florida housing market. Whether it's a housing crisis or local housing market, real estate decisions are increasingly driven by fear, uncertainty and doubt. We as trusted advisors drive the real estate community and always preaching the gospel of real estate. I emphasize that education is a must for the community to ensure you are making the right decision.
Part of my job is to keep you educated of the local housing market trends, pricing inventory level, buying and selling process to include common terms and videos. It is important to keep up to date on the housing trends, don't get confused with the media, they talk national data level, I can provide you the most up to date local area data.
So don't let this shifting housing market delay your dreams without a valued realtor. Data reveal home values typically appreciate over time and that gives your net worth a nice boost. When you are ready to look for a home, look for a realtor with the heart of a teacher. If you are ready to start your journey, contact Kevin Strawter at 850 496-6412 to begin a new walk to homeownership and all your real estate needs. Referrals always welcomed.