CA Association of Realtors released a recent infographic: Buy or Stay? And this had some really interesting information for prospective sellers. When it comes to buying a home, Xers, Boomers and Matures all plan to stay in their current home as long as possible, while Millennials plan to purchase their next or first home within the next 2-5 years.
So why do I say that this is important for sellers to know? Well… 81% of Millenials say they will be looking to move… and 30% say they will be moving in the next 2-5 years. Which is a heckuva buyer pool. So perhaps keeping in mind selling features that are targeted towards millenial buyers will gain extra attention to your home. So tune in next week – or reach out to me here – for some tips to do that….
If you’d like more information on the San Fernando Valley or Los Angeles, or to have help looking for your next home, please feel free to reach out! I’m happy to help, no obligation.