Millennial buyers that are buying a home for the first time are much more informed when it comes to renovations, repairs and real estate process than other generations. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that if you had grown up during the development of the internet, it has made you very tech and research savvy and able to find ways to access important information such as listings, neighborhood reports, HGTV home renovation videos and other types of industry information on their own. Most will rely on real estate agents to share information that they can’t find online such as neighborhood developments, local market forecasts, local housing regulations and more. While first-time buyers will struggle, older millennial move-up buyers will have more options in the mid-to upper-tier price point and will make up most of the millennials who close in 2019. Check out below to see what sold in Meadowbrook Glens in December 2018:
41766 Cherry Hill Road, Novi: 4 bedrooms, 2.1 bathrooms, 1,735 sq. feet, 2 car garage, Sold Price: $270,000
Meadowbrook Glens Home Sold
December 2018
As their housing needs adjust over time, millennials are on track to make up the largest share of homebuyers for the next decade. For more information on Meadowbrook Glens, or similar Northville or Novi neighborhoods such as Simmons Orchard, Village Oaks and Whispering Meadows, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.