Subscribe and receive email notifications of new blog posts.
RSS Feed
11
What Types of Homes Are Millennials Buying?
Many real-estate experts projected Millennials would rent instead of buying homes. Recent trends show the exact opposite.
Millennials and first time home buyers are purchasing the majority of homes in the Tampa Bay area.
What are they looking for in a home? Millennials are focusing on space. Most likely they are coming from renting apartments with less than 1500 square feet. We are seeing more purchases for homes in the 2500 square feet range.
Many millennials are purchasing properties with mother-in-law suites. They are renting this space or using it as a work from home office for additional income.
Contrary to earlier reports, millennials are starting to move away from the city. They are seeing the ability to get more living space and have less cost.
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
