Tallahassee, Fla. (WTXL)--Millennials now make up the largest age group of home buyers in the United States. That number also expected to grow so how will Millennials impact and shape the housing market?
Real Estate Expert Rebekah Rivers joined us this morning on Sunrise for another installment of Home and Garden to answer that question.
According to Rivers, Millennials will soon begin to shape the housing market with their buying power so it's important to understand what they want:
- energy efficiency
- smart-home technology
- comfortable workable kitchens
- more casual space
So home sizes are still growing (average size 2721) to accommodate the above. And new home market is still dominated by move-up instead of first-time buyers.
Rebekah Rivers is a licensed real estate agent with Keller Williams. Click here to follow her blog and to learn more about her services.
