Sunday, December 11, 2005

What's "In" With Homebuyers in 2006

According to industry commentator Mark Nash, here are some trends which will be popular with Homebuyers in 2006:

- Smaller square footage homes with better quality finishes;
- Quality kitchen cabinets. With the kitchen/greatroom the center of family living, buyers today are looking at furniture style cabinets;
- Bamboo wood floors. It could overtake maple as the favorite light-colored wood flooring in 2006;
- Wall space for flat screen TV's. Specify power and cable boxes close to locations where homebuyers want to place the latest in visual technology. The popular location for installation in new construction is over the fireplace;
- Multiple and high-powered phone lines. With modems, dsl, wi-fi moving into mainstream use, tech-savvy homebuyers want "wired" homes;
- Separate shower stalls and bathtubs in master bathrooms. The growing divide among "soakers" and "showers" is increasing. Not having one of each in a master bath could quelch a purchase;
- Built-in home stereo systems are a must-have for many audiophiles. Wireless hasn't quite made the pre-wired audio system home obsolete, at least not in 2006;
- Balconies and decks wider than 3 feet. Homebuyers want usable outdoor space. Big enough for a bistro table and chairs and a couple of pots for container gardening;
- Ranch or one level homes. The baby-boomers are discovering their utility in droves;
- Second Homes. The baby-boomers are also keeping this market segment strong;
- Seller give-backs. With a more balanced market in most metro markets, requests by buyers to pay closing costs have increased, and some sellers are paying them; and
- Carbon Monoxide detectors. Home inspectors red flag homes that have only smoke detectors. Inexpensive and lifesaving, install one on every floor of a home before opening to homebuyers.

What's In - What's Out with Homebuyers in 2006 [Broker Agent News]

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