Housing is Moving Urban with new Generation Y Millennial Home Buyers
Posted by Kenneth G. Cox on
Americans who are between the ages of 18 and 34 — known as Generation Y Millennials — could be a “game changer” in the U.S. real estate market, according to Urban Land Institute. As such, ULI researchers are taking careful note of this generation’s preferences when it comes to homes. The Urban Land Institute ULI reports Generation Y, with nearly 80 million members, as a potential “game changer” in the U.S. real estate market.
Of Millennials surveyed in that age range, 59% said they prefer their neighborhood to have a variety of housing types; 62% favor mixed-use developments with shops, restaurants and offices; and 52% like pedestrian-friendly neighborhoods.A new ULI survey of about 1,200 Millennials shows that 59 percent of those surveyed prefer a home…
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The city of Rockwall was born in 1854. It was birthed from the water that surrounds the land. As Leonardo Da Vinci said, "water is the driving force of all nature." This city understands that water soothes and refreshes, which makes living there a true blessing. If you enjoy the freedom of an active yet peaceful lifestyle, then you will love living at the Water's Edge Condos in Rockwall. These condominiums are located in Rockwall harbor which is situated on the Eastern shore of Lake Ray Hubbard. Choosing to live in these luxury lakefront condos in Rockwall, means choosing a life of luxury. There are gourmet kitchens, lavish bathrooms, beautiful landscape and best of all a lakeside pool and patio. Those are just mere random samples of the luxuries that…
Median single-family home sales prices sold through the MLS in North Texas hit a record high of $176,000 last month. Home sale prices in North Texas are now about 10 percent higher than they were at the peak of the market before the recession.
The District 1444, also known as The Design Village, is located in Dallas, Texas in the Harwood urban district. It is an innovative and new planned property that the Harwood International plan to make public in early spring of 2014. With the creative notion of implementing restaurants, galleries, gardens, and shopping centers in a one and two bedroom apartment building, the creators of the The Design Village are providing their residents with a more convenient way of living.