How Millennials Are Changing the Home Buying Market
Millennials are dedicated to their devices, and for this demographic group, technology plays a central role in home buying.
Millennials are also around twice as likely to use their mobile devices in their search than older baby boomers are. Over half of millennials (59%) said they would be at least somewhat confident making an offer on a home they toured virtually, while 39% reported they would be comfortable buying a home online. Over 80% of millennials would like to view 3D virtual tours and digital floor plans when shopping for a home, according to a 2021 report from expertise at Zillow
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