First Time Home Buyer News

Today’s homebuyers want smaller houses, closer in

Another Property Sold – 113 Buttonwood Court, Baltimore, MD 21237 113 Buttonwood Ct, Baltimore, MD 21237 is a 4 bedroom, 3.5 bath townhome or condo was sold for $283,500. Information Deemed Reliable But Not Guaranteed Real estate listings held by brokerage firms other than Howard hanna real estate are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

About the authors: The above article "Top Home Features That Today’s Home Buyers Want" was provided by the keith hiscock sold team (Keith & Kyle Hiscock). With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise.

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A frantic phone call to my mother, begging her to lend me the money to pay off my car loan was the only tactic that saved me from losing the house. Today’s home buyers make the same mistake. Do not buy anything on credit and / or with a credit card once you have completed a loan application.

In addition, today’s tight credit restrictions are preventing some qualified first-time buyers, who typically make smaller. they need and want in a home. Whether it’s a certain number of bedrooms,

are looking for homes that have a similar proportion of rooms, but on a smaller scale. to hold things close to your heart (or that are necessary),” added Claire Groome, also with Warburg in New.

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What home buyers want today [INFOGRAPHIC] We’ve all heard that it’s a buyer’s market, but what types of homes are most sought after? According to the National Association of Home Builders and other experts, today’s house hunters are looking for smaller homes (and smaller mortgages), energy efficiency, comfort and organization.

The notion that Millennials don’t want to live in the suburbs is proving to be a myth. "The suburban dream is alive and well," says Jeremy Wacksman, chief marketing officer for Zillow. "Millennials don’t just want to live downtown. They are looking for their first house and want good schools and want to move to the suburbs."

Homebuyers want their smaller spaces to be smarter, too. Open plans that support multiple functions are favored. Think zones designated for activities like family time, work and entertaining instead of rooms for a single specific purpose. The Greater Outdoors . Today’s homebuyers want to maximize the space they’re paying for.

Home buyers used to covet a three-quarter acre lot. Today’s buyers – both the Gen X and Gen Y generations as well as empty-nest retirees-see that same lot and think "maintenance." Instead, they’re opting for city living, in big cities like New York as well as smaller urban centers such as Baltimore , Pittsburgh , and San Jose .

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