NAHB Best In American Living - Winter 2017 v2 - 10
»GROWING UP & MOVING IN
By Doug Smith
As the millennial generation begins
shopping for its first home, themes of
connectivity, convenience and community
have become must-have features.
There's no denying that millennials have a large presence
in the housing market. The generation is outpacing baby
boomers by more than 15 million, and research from Demand
Institute forecasts millennials spending $1.6 trillion on home
purchases by 2018. That's some incredible spending power,
and home builders are taking notice.
Millennials have become
much more decisive about
living space needs as they've
gotten older. Their new homes
include more tech-centric
innovations than those of their
parents, but common themes
of convenience, connection and
Technology may be a crucial part of the millennial lifestyle,
but this generation also craves connections in real time. As
they begin to look for homes, they seek out "urban-surburban"
locations that give them the best of both worlds.
EMBREY MILL BY NEWLAND COMMUNITIES
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