As we grow old, our direction in life changes,and we tend to be more prominent to our plans. To plan about our future selves is the most significant thing that we can give to ourselves and especially to our parents. For Millennials, owning a home could be one. Millennials want houses, but they don’t just want any home. The next generation of homeowners wants smart, stylish homes that enable them to connect with friends and family. Connecticut homes home for sale has a lot to offer when it comes to comfort and affordability.
As millennials enter the housing market in higher numbers, they’re approaching it in a much different way than previous generations of home buyers. A misconception when we think about Millenials who are buying a house is that they will choose homes that are near to their workplace, restaurants or coffee shops that are walking distance from their homes. Well, Think Again. Despite an urban image, millennials are now looking to suburbs and the country for a quieter, and cheaper lifestyle.
More and more Millenials prefer to live in a suburb area than urban or city life. How could that be? Find out here why
Well, compared from home prices in bigger cities like in New York and California. Home prices in Connecticut are way lower compared to these more prominent cities, and the cost of living is also cheaper too. Cost is one of the most significant factors that separates urban and suburban life. More Millenials chooses to live in Connecticut because their travel to big cities like in New York is just minutes away to some parts of CT. Letting them save money out from renting a home in New York.
A suburban home meant we would be further away from the nightlife but would be closer to recreation centres, shopping and large parks. Eventually, when we age, we think of having a family. When you move to Connecticut, it’s a great way to start a family you’ll get close to recreation centres, parks and shopping.
Potentially the most significant drawback in choosing a suburban home is the commute BUT not in some areas in Connecticut. When you live in Connecticut, you will have less travel to schools and other amenities in the area because there is less traffic.
The money that you save out from long travel and extra expenses could be for investment towards retirement or monthly mortgage.
According to these sources, major cities have higher property crime rates, household burglaries, theft and violent crime rates than surrounding suburban areas. Living in the suburban area can be a lot safer crime-wise.
Homeownership is an important long-term goal, and 73% see real estate as a good investment. About a quarter already own a home and 60% plan to purchase in the future. According to estimates, Millennials old 25-plus account for 15% of new home shoppers.
Let your buying process be straightforward and less stressful. Contact HJL Realty LLC and let them identify your needs and goals in finding your dream home in Connecticut.