Real estate agent in Houston

Last year, millennials — adults age 36 and younger — made up the largest share of homebuyers, representing 34 percent of the market, according to a report by the National Association of Realtors.

And while a recent survey shows that 41 percent of Long Islanders 18 to 34 still live with their parents or other relatives, it’s important for sellers to market their homes to the millennials who are financially ready to take the big step into homeownership, local agents say.

Amy Donnelly, 31, an agent with Coach Realtors in West Islip, says that, as millennials, she and her husband, Mark Donnelly, who is 33, have worked with a lot of buyers in that age group.

For the most part, millennial buyers aren’t looking for fixer-uppers, Donnelly says. While there are exceptions, the Realtors report found that 48 percent of buyers 36 and younger bought new homes to avoid renovations and problems.

“That generation, more than others, is more attracted to a house that’s basically done,” Donnelly says. “There really isn’t time for a handyman special. I very rarely get first-time buyers that say, ‘We’re looking to do the work ourselves.’ Even if we see another one that’s a little bit bigger and has more property, there’s a lot more value to instant gratification.”

Not all buyers can afford a home that has been renovated, and Long Island agents have several millennial clients who have purchased homes and done work on them, either by themselves or by hiring contractors.

Source: newsday

About Ameri State Realty: Professional Realtors, Marisol Mendez and Esteban work together and represent early buyers for the purchase or sale of new or used homes in Houston, Cypress, Katy, Spring, Tomball, The Woodlands or any other community in the Houston area we can advise you. “I am a Real Estate Professional in the Greater Houston Metropolitan Area. It has been my greatest pleasure to have helped many families close on their properties in the Houston Area. I am committed to making sure that your buying/selling experience is an enjoyable one. I am passionate about what I do and always looking out for the best interest of my clients.”

Real estate agent in Houston.

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