Hot on the heels of Generation 'X', the millennials are entering the real estate market in numbers. Take a five slide look at what makes them tick when it comes to purchasing real estate.

1. INSIGHT INTO…
THE MILLENNIAL BUYER
THE MARSTEN GROUP, LLC

2. CONSTRUCTION QUALITY
17.2%
LIKETHE NEIGHBORHOOD
19.8%
LAYOUT/DESIGN
20.3%
LIKETHE SIZE
20.9%
FINANCIAL REASONS
21.8%
TOP FIVE REASONS
MILLENNIAL BUYERS CHOOSE A HOME
SOURCE: NATIONAL ASSOCIATION OF HOME BUILDERS, 2014 THE MARSTEN GROUP, LLC

3. PRICE DISTRIBUTION
…OF HOMES PURCHASED
0%
7.5%
15%
22.5%
30%
0-$100K $100-$149K $150K-$249K $250K-$349K $350K-$499K $500K-$749K $750K OR MORE
0.3%2.4%
5.6%
12.4%
28.8%
23.4%
27.2%
SOURCE: NATIONAL ASSOCIATION OF HOME BUILDERS, 2014 THE MARSTEN GROUP, LLC

4. FIRSTTIME BUYERS
74.5%
REPEAT BUYERS
25.5%
MILLENNIALS INTHE MARKET
ARE…
SOURCE: NATIONAL ASSOCIATION OF HOME BUILDERS, 2014 THE MARSTEN GROUP, LLC

5. TOP FIVE REASONS
FOR MILLENNIALSTO MOVE
SOURCE: NATIONAL ASSOCIATION OF HOME BUILDERS, 2014 THE MARSTEN GROUP, LLC
0%
10%
20%
30%
40%
EST. HOUSEHOLD WANT/NEED LARGR UNIT WANTTO OWN NEW/TRANSFER JOB HIGHER QUALITY UNIT
9.7%10.5%
14.5%14.6%
33.3%