Millennial Home Buying: 3 Things Young Homebuyers are Looking For

luxury real estateHistory has partially waited for this significant moment: when millennials begin to buy property. It’s finally here and it’s an exciting time for everyone. According to Realtor.com, roughly 61% of homebuyers over the course of 2017 will be under the age of 35 years old.

These younger homebuyers, however, don’t necessary care too much about having big yards with obligatory white picket fences, having quiet living spaces, or areas with a lot of historical significance. Millennial homebuyers, rather, have a lot of contrasting options on what they consider makes a house a great place to live.

Here are a few aspects of real estate that this younger generation is looking for:

Luxury Real Estate
Millennials aren’t just looking for houses for sale that can provide them with a roof over their heads. These younger buyers are yearning for a seemingly lavish lifestyle with luxury real estate, although they don’t care much to actually play the part of the affluent. Millennials would much rather live in a beautiful place that makes them feel like kings and queens, but spend their own money doing much less luxuries activities. The more power to them!

Vibrant City Life
These homebuyers aren’t looking to settle down quite yet, so buying a house on a 100 acres isn’t in the mix. Millennials would much rather live in a great area that is close to a vibrant city life. They love having fun, trying new things, and interacting with a diverse group of people; all of which can be difficult in extremely rural areas.

Minimal Design
Again, millennials don’t care much for traditional home styles and would much prefer a simplistic layout. The minimalist fad has continued for a few years now and has since grown into an actual way of life, and one that millennials thoroughly enjoy. Although they want technologically advanced appliances and smart home capabilities throughout, they would still rather plain white walls with a plant or two, and some furniture to be all that’s inside their home.

You don’t need to live on a large farm with a huge yard to be happy. You can have luxury real estate in a great part of the city if you look carefully. If you want to check out some luxury houses or are looking for Philadelphia homes for sale, contact West End Walk today!

Here Are 5 Great Advantages of Living in a Townhouse Community

real estateIf you’re looking for new homes in Philadelphia and are curious about what type of real estate to purchase, then consider moving into a townhouse community. Townhouses offer a perfect blend of classic American style and modern living, and more and more aspiring homeowners are looking into these communities. In fact, according to Zillow, roughly 20% of home buyers actively seek to purchase a townhouse rather than a traditional apartment or house.

Why should you consider townhouses, too?

Here are a few reasons why you and your family should consider real estate in a modern townhouse community.

Professionally kept landscaping and beautiful scenery
Quality townhouse communities employ professional landscaping companies to keep the property looking great. If you live in a traditional home, you’d have to shell out a significant amount of money to achieve the visual quality of a professionally maintained landscape. By living in a town home, you’ll be able to enjoy the beautiful scenery as you look at the trees, gardens, and walkways throughout the community — without paying for a gardener.

Plenty of privacy
Despite the fact that you’ll be in close proximity to other families, you’ll still have the ability to keep to yourself whenever you want. Town homes are typically less exposed to the outside world, resulting in more privacy.

Community involvement and recreation
Although you and your family will be able to keep to yourselves whenever you want to have a little privacy, you will also have plenty of opportunities to spend time in a great community. As with most luxury real estate, you’ll have the chance to join a community of families like your own. You’ll build strong relationships that will potentially last a lifetime.

Peace of mind living in a safe environment
In a townhouse community, you’ll have trusting neighbors on each side of your home and all around you. That means you can always count on a friendly pair of eyes to ensure no burglars are entering the neighborhood or mischievous activity is taking place. Whenever looking at real estate for sale, safety should be a top priority, and that’s exactly what you’ll get in an upscale townhouse community.

Feeling of living inside luxury homes
If you’ve ever wanted to own a luxury home without worrying about roofing, siding repair, lawn maintenance, and potholes in the driveway, then traditional home-ownership probably isn’t for you. Fortunately, the best townhouses are also modern luxury houses — without the constant upkeep and repairs. So long as you find the right community, you can find town homes for sale that are every bit as luxurious as a more traditional home.

Want to learn more about quality townhouse real estate throughout the Philadelphia area? Contact West End Walk today.