Millennials in the Market
May 28, 2015

Millennials in the Market

Millennials are big in real estate. They’re the next big generation to start buying and their priorities, preferences, and long-term plans impact both reflect and guide the market.

According to a recent generational trends report from the National Association of Realtors, millennials make up 32 percent of homebuyers – the largest share of any other generational demographic. These up-and-coming savvy shoppers are more interested in efficient, practical, and affordable homes, as opposed to the more spacious and upscale homes gen-xers and baby boomers.

What else are millennials interested in? Boyce Thompson, former editor of Builder Magazine told Daily Real Estate News article that in addition to affordability and efficiency, they also want flexibility (multi-use spaces and customization), and green/energy efficient features. Entertaining is also important to this generation. Game rooms and patio/deck amenities are practically a must in the home search.

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Lyon Real Estate

Ranked the number one brokerage in annual home sales in the greater Sacramento region by the Sacramento Business Journal, Lyon Real Estate has served the area for over 70 years. In 2017, the company closed 7,333 transactions worth a total of $3 billion in sales volume. Lyon Real Estate has 950 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to and follow us on