Three Key Millennial Residential Buying Trends / by Sperry Bilyea

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Three Key Millennial Home Buying trends that we are picking up on in the market and design:

1)      Going Green – There is no question Millennials are going green in their home buying preferences. According to Forbes “The home buying behavior of Millennials continues to change,” points out DeSimone. “Millennials are environmentally conscious, and are seeking energy conservation, open spaces, walking trails and sustainability in their home choices.”

2)      Use of Space – Millennials are seeking floor plans that are open creating the impression of a space that appears larger than it actually is.  According to www.nickiandkaren.com “No longer is the kitchen divided from the living room or dining room. When rooms flow easily from one to another, homeowners can more effectively entertain guests, which is the reasoning behind this desire that millennial buyers have.”

3)      Indoor - Outdoor Living – Bringing the outside in is very important to Millennials. They highly value the idea of reflecting nature in their home to create a sense of peace and tranquility as a break from their electronic devices.

 

Wallumination can help in all three of these areas. An artbox contributes to open floor plans and multi-functional rooms by creating a greater sense of space. Creating a large artbox with a nature scene promotes that indoor-outdoor lifestyle millennials desire. And lastly, all of Wallumination’s artboxes are 100% green using water based dyes and recycled aluminum.