The Next Trend In Home Buying – Millennials

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At Bonded Builders, we take pride in staying ahead of the trends in our industry. We provide a solid foundation for you, and can assist you in building your business through our commitment to market research, and industry analysis.

What has been first and foremost on our radar recently? Millennials.

Did you know . . .

  • 35% of homebuyers in the U.S. are millennials.
  • 30% of millennials plan to buy a home in the next five years.
  • 59% of millennial homebuyers believe buying a warranty for their home is a practical purchase.
  • 74% of millennials believe that saving for a down payment on a home is a key in keeping the American dream alive?

Millennial homebuyers know exactly what they want and are very selective when it comes to features and benefits. They look for updated kitchens, office space, energy efficiency and open concepts. At Bonded, we are suited to address the needs of the millennial with our diverse new home warranty products.

When purchasing a home, millennials are looking for a way to ensure the safety of their home. With our breadth of products available, we have tailored warranty products that will meet millennial’s needs. Millennial homebuyers aren’t just looking for a house; they are looking for a home. They are also looking for brand loyalty. When purchasing a product, they are looking for discounts, VIP access, bonus services, and special recognition. Most millennials will perform a majority of their search online, and reward companies for an excellent user experience. They want to know that they are making the right purchase, and expect loyalty from a company when doing so. These attributes are the cornerstone of Bonded Builders’ foundation.

We can address the needs of the millennial homebuyer and more.  Are you ready to successfully tap the hugely growing millennial home buying market?  Contact us today!

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