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Sunday, January 4, 2015

Rethinking the dream home

Younger buyers want technology in a home, said Helen Velas, president of Eleni Interiors in Naperville. "They want automated lighting and sound and even motorized shades — all controlled from their phones. State-of-the-art electronics are more important than curb appeal. They want space they can actually use — social spaces, but not a formal living room. They want a home office or a place to work and plug in," she said.

"In decorating styles, millennials like retro-modern with brighter colors than older groups," Velas said. "They don't want separate living and dining rooms. Because they are on a budget, they do a lot of do-it-yourself projects. They want to live in the city where the action is and don't want long commutes to work."

Read more: http://articles.chicagotribune.com/2014-03-01/classified/ct-mre-0302-housing-demographics-20140301_1_housing-market-generation-y-home-builders

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