What are Home Buyers Looking for in Your Dallas Home?

As the older generation retires, generations X and Y are entering the real estate market and changing the game. There will always be timeless necessities of a house, but the younger generations searching for real estate currently have different needs and are accustomed to a different, more high-tech lifestyle than the older generation. If you’re looking to selling your Dallas home, you may consider making some renovations to accommodate this new high-tech lifestyle. According to FOX News, first-time home buyers are shifting from being mostly recently married couples to single professionals and a large percentage of people working from home. Here are some features you can expect to see requested more frequently by home buyers in the coming years.

• Technology has boomed significantly in the last 20 years. Everything is either getting faster, smaller, thinner or more automated. This young generation is particularly tech-savvy, according to Better Homes and Gardens Real Estate, and are not only using this new technology to aid them in the search for their new home, but expect to use this technology in their homes as well. Home buyers of the younger generations have reported that they would rather have a media room with a high-definition television and surround sound than a dining room, as well as “smart” features around the rest of the house to control door locks, the temperature and monitor the house and family.

• A topic that has sparked some debate over real estate investors and buyers is the prospect of adding a home office. On one side of the fence, adding a home office with built-in shelves and a large desk can put off buyers by taking away a space that could have been an extra bedroom or a room used for other means. On the other side, the percentage of people working from home is growing and many home buyers have reported that they would like a dedicated space for their computing needs. In fact, the number of people working from home has increased by 41% in the past decade, according to CNN.

For more on mortgage questions in the Dallas area, feel free to get in touch with us. We are a team of mortgage professionals who would be happy to assist you with all your buying and selling needs.