The real estate landscape evolved tremendously in the year that was. As 2016 is turning each of each day's pages, today is the most perfect time to learn the most popular trends and topics. One of the most noticeable changes in 2015 was the evolution of how people defined home.
Silver Tsunami
Those that belong to the baby boomers' generation are looking towards efficient and custom housing solutions, Inman reported. The population has gotten numerous treats in 2015 as most of them transitioned from work life to retirement. This generation wants properties that have low-cost utilities, luxe amenities, and no lawns to maintain.
Tiny, Personalized Spaces
Recently, people needed to divert attention from mansions and anything in excess. This created the need for a minimalist lifestyle to emerge. Tiny homes, most often at 500 square feet big, are popular for people who are following a budget, but want a good life. Small spaces became famous, thanks to elaborate sheds and tree houses in backyards.
Urban Farming
Construction materials that are recycled, highly efficient insulation techniques, water saving equipment, and solar panels were must-haves in 2015. People were giving green solutions a try, especially that climate change has become a big deal, Pop Up City reported. Popular requests also included growing organic crops and raising chickens. Neighborhoods that have farmers' markets and artisan shops have become major considerations for those who are looking for a new place to explore.
Multi-generation House
Since families have become larger, yet more flexible in terms of design due to an increasing cost of living in the country, mid-level purchasers are going for homes that can offer enough space to accommodate adult children, parents, and even grandchildren. Laundry rooms, efficient kitchen spaces, garage apartments, and in-law suites are famous renovations for those that are planning to join forces in the years to come.
Millennial Homebuyers
This generation is the next batch of home buyers and most of them are expected to be looking for different requisites. Millennials are tech-savvy, frugal, smart, and always ready to purchase.
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