Tucson Arizona Housing Trends
Top Housing Trends In The Tucson Housing Market
Housing Trends suggest that 1 in 3 households in the United States will move during the next 5 years. This housing trend, along with the top features home buyers want is influencing Arizona’s new home builder design ideas and products. Builders new home ideas are found in many new Arizona homes and aimed at capturing new home buyers.
Before you continue, here are some important things to know before you go into any new home builder’s sales office.
Now, let’s run down the top four housing trends and features home buyers are looking for in Arizona and other places throughout the U.S.
1 – Energy Efficiency. Modern home designs are utilizing new technologies to reduce home energy consumption. With electricity costs out pacing all other housing related expenses, reducing electricity usage in the home is a top priority.
Tucson new’s home builders are installing higher SEER A/C, better insulation and heat deflecting roof seals along with Low E windows to reduce levels of radiant thermal energy. That’s means less heat in a home due to sunlight.
Replacing windows in older homes has become one of the top 5 housing trends in the Tucson AZ resale market.
2 – Kitchen Upgrades. Housing market trends show the kitchen continues to be one of the most important rooms in a home. New home are taking that to heart and offering more upper end appliances either as a standard or upgrade option.
One of the first things home sellers due in preparing to market their home is upgrade the kitchen. Granite counter tops, new appliances, and flooring are on the list.
3 – Low Maintenance. As the baby boomers retire, they frequently want to move to a warmer climate and downsize. At the top of their list of is a lower maintenance home. Recent housing trends show low maintenance, single story and accessibility are very important to baby boomers.
It is interesting to note, that while may Tucson home buyers say they want to down size, data shows the size of a new single family home is actually getting bigger. In Arizona this may well be due to the fact most homes don’t have basements.
That means an extra room is needed to “hold” stuff.
4 – Investment. Although homeowners suffered a significant drop in home equity during the “bust”, home buyers are once again seeing owning a home is a good investment. Recent data from the Demand Institute, indicates over 75% of those surveyed indicated “home ownership is an excellent investment.”
Recent housing trends suggest the housing market is continuing to recover and home buyers are looking for homes that meet their lifestyles and reduce costs. Tucson’s new home builders are responding to those wants.
For those interested in the purchase of an existing home, being renovation ready is important. If the upgrades haven’t been done or completed, then a home with “good bones” is important.
Questions about the Tucson Real Estate Market or Tucson Homes for Sale?
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