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Millennial Home-Buying Trends in the Dallas Luxury Real Estate Market | Dallas Luxury Home Expert

Millennials are quickly becoming a dominating force in real estate. In 2018, millennials represented the largest cohort of home buyers at 37 percent, according to the National Association of REALTORS®’ 2019 Home Buyers and Sellers Generational Trends Report. They are a large segment of Dallas luxury home buyers.The needs of millennials for luxury homes are different than their parents. The millennials are cost-conscious and look for value in the luxury homes that they buy. They are also health conscious and practical and look for new experiences.They want to travel a lot more than the previous generations and they are not interested in large homes. With smaller families and a delayed marriage, they look for properties that allow them to socialize. Luxury condos allow them to do this. They are looking for Dallas luxury condos that are close to nightlife and other forms of entertainment. With a big focus on health, they are interested in properties that are close to walking trails, gyms, yoga studios, parks and other forms of outdoor exercise. The millennials also spend a lot of time online and usually start their search for a Dallas luxury home on the internet. So high-quality photographs, videos and 3D tours of the properties help them narrow down their search before they go out and look at a property. This means that if you are looking to sell a Dallas luxury condo, you need a Dallas luxury real estate agent who specializes in internet marketing and nose how to market the property to no millennials. if you are in the market to sell your Dallas luxury condo, please contact us today.

About us: Dallas Luxury Real Estate Agents

As top Dallas real estate agents, we take great pride in using our expertise, resources, and global connections to perfectly unite extraordinary places in a variety of lifestyle categories and price points. Discover why we are one of the most respected teams for buying and selling in the Dallas area. It is also important to highlight that luxury is an experience, not a set number. Price point does not define luxury. We provide the same elevated experience to every client. From sky residences in Downtown Dallas’ premier high rise buildings to distinguished properties throughout cities like Southlake and University Park, we offer real estate buyer and seller representation services that give our clients the edge when buying or selling luxury real estate in Dallas metro area. Our commitment and daily dedication is to delivering a high level of expertise with extensive hyper local market knowledge, savvy negotiations and innovative technology.

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