Older buyers tend to prefer a ranch style home, while millennials desire contemporary and colonial homes, the survey found.
Not exact matches
However, if your
buyers tend to be
older, getting active on Facebook might be a better choice, as 45 percent of online adults ages 65 and
older maintain profiles on the site, while only 9 percent of this group is active on Pinterest.
Older homeowners
tend to own for a few years longer; younger and first - time home
buyers tend to own for a few years less.
Other research suggests Cadillac's
buyers tend to be
older, which could present challenges for it in the future.
This is another reason why S - Class
buyers tend to be very
old, very rich, or both.
According to JD Power & Associates, the GMC Terrain
buyer compared with other compact SUV
buyers has
tended to be more male, slightly
older, marginally less affluent, more interested in a vehicle that stands out, less interested in paying more for an environmentally friendly vehicle, less interested in paying more for the newest safety features, and by a significant margin prefer to buy from an American automaker.
But those cars are also costly, so their
buyers tend to be
older and take fewer risks.»
Plus, the lower - priced homes in this neighbourhood
tend to be
older properties built before the 1980s, which enables
buyers to add their own sweat equity into a home, if they wish.
Buyers of
old bungalows in Chicago
tend to remove awnings that were added after the homes were built.
Younger home
buyers tend to view their home as a strong investment, more so than
older buyers who
tend to view their homes as a match to their lifestyle, according to the 2014 NAR Home
Buyer and Seller Generational Trends study, based on a survey of more than 8,700 responses from
buyers and sellers.
Younger
buyers tend to move to larger, higher - priced homes, but «there is a clear trend of downsizing to smaller homes among both younger and
older baby boomers and the Silent Generation (those born between 1925 and 1945),» according to the study.
They
tend to be financially conservative for a host of reasons: Many saw parents and
older counterparts reel from the recession and foreclosures; they face repaying their own huge student loans; they're interested in putting down a higher down payment than prior
buyers have rather than qualifying for the biggest loan available.
The
old boat known as: rent - to - own, was tied to the wharf some years ago and left to rust, in large part because the banks did not
tend to accept that any monies that were credited back to such
buyer's constituted legitimate equity because the rents were usually exaggerated and above true market.
«Younger
buyers tend to place higher importance than
older buyers on agents» communication via email and text messages, while
older buyers place higher importance on personal calls.»
Like
buyers,
older sellers
tend to move greater distances, and are more likely than younger generations to move out of the state or region.
This preference can be attributed to mostly
buyers between 45 and 64 years
old, for whom privacy
tends to beat out other preferences such as stability, family needs and financial investment.