From the Ground Up
While trends have vacillated through generations regarding purchasing a new home versus a resale home, studies show millennials are by and large more apt to want to design and build their future residence. This trend is driven by a multitude of factors, including the ability to put their own personal stamp on all facets of the construction as well as the assurance of fully functioning systems and appliances – and ideally no extra expenses for repairs or replacements – for years to come.
Even armed with the knowledge that the current climate of supply chain shortages often leads to delayed deadlines and increased costs; many millennials not only prefer to know they are first to inhabit their newly built home but would also recommend the process to their friends.
Click here to read more insights on today’s largest sector of homebuyers.