2017: The Year of The Homebuyer
February 22, 2017
Welcome to Richmond, where the future of home buying is right here, right now. Our experts recently sat down and discussed what homebuyers can expect for the coming year. A theme quickly arose: everything is coming together to make 2017 a great year to buy a home. That’s especially true if you’re looking in Central Virginia, and if you have your eyes on features and amenities focusing on convenience and lifestyle.
Here is a breakdown of all that’s going right for homebuyers…
The Right Place
Whether you call it Greater Richmond, RVA, or the River City, the City of Richmond and its outlying counties have been stocking up on awards and accolades at an impressive pace. Just named one of the Best Places to Live in the United States by U.S. News and World Report, Richmond is no longer considered an up-and-coming city. It’s now a destination. Once you’re here, it’s tough to leave, too. Chalk it up to draws including thriving outdoor recreation on the James River and a dining scene that sets the table for satisfaction. Richmond, and the counties of Chesterfield, Henrico and Hanover are poised for even bigger things in 2017.
The Right Features
Gone are the days of the cookie-cutter communities that all look the same. StyleCraft builds homes designed around the way you live, where convenience is always top of mind. This includes building destination communities in prime locations, where you can Live Up staying in or going out. Many of our communities are complete with desirable amenities like walking trails, a clubhouse, and pool or even a splash park. If you’re seeking to skip the home upkeep and enjoy all the other aspects of homeownership, our 55+ communities offer low-maintenance living at its best.
Of course, the right features extend inside the home, too. Building and structural trends aren’t just fashionable, they’re functional. StyleCraft is on the cutting edge of home design, and in 2017 that means expanded living spaces. From outdoor living areas bringing the indoors out, to versatile flex rooms that can be converted into play rooms for the kids or suites for the in-laws, the possibilities abound. Basements and bathrooms with big showers round out your watch list for ’17 — and StyleCraft checks them all off.
The Right Time
Now is the time to lock in an attractive interest rate and get moving, whether it’s your first home or the one you’d like to settle down in. This applies to Millennials, who are predicted by Zillow to comprise as much as 50% of home buyers in 2017. With rates poised to raise past 2017, and the fact that it’s still cheaper to buy than rent in Richmond, there is a lot of urgency to buy now for those in their 20s and 30s. Meanwhile, Baby Boomers looking to retire and downsize have never had more options, whether they want to permanently park the lawnmower or simply find a low-maintenance home that can Live Up when they’re not jet-setting around the world. If you’re ready for your next move, it’s time to begin working with one of our preferred lenders and get pre-approved.
This is your year. Live Up in 2017 when the home buying market is at its best. We’re here to help.
To learn more 2017’s home trends and why StyleCraft is uniquely positioned to make this your year, contact us at (804) 523-HOME.