Millennials place a premium on casual, comfortable outdoor spaces for entertaining friends and family, Better Homes and Gardens research shows. The millennial generation is poised to make a significant impact on home design with its strong preferences for energy efficiency and smart-home technology; comfortable and workable kitchens; and more casual spaces, said speakers today from NAHB and Better Homes and Gardens . But first, they have to move out of their parents’ homes and into a place of their own, said NAHB Assistant Vice President for Surveys and Research Rose Quint. About 15% of adults ages 25-34 live with a parent, about 3% more than the highest share of 12% between 1983 and 2007. That translates into 1.3 million people who normally “would be out there, forming their own households, demanding their own units,” either as buyers or renters, she said. Quint had anticipated the new mortgage programs and looser mortgage insurance requir...
The Arkansas Home Builders Association is a partnership of professional builders and related industries benefiting our members, the buying public and communities through education, legislative initiative and regulatory compliance to build quality, energy efficient and affordable housing for the families of Arkansas.