The New York Times reports on the new real estate buyers – Young Buyers, Prepared and Fearless
Younger buyers have such different approaches to real estate that they are prompting developers to change the way they sell apartments. Some are hyping condominiums with the promise that buyers can eventually rent them out. Others are making sure that their prices are as close as possible to similar projects because they know younger buyers have researched every comparable condominium in the neighborhood before they walk through the door.
I wrote about some of the characteristics of these new buyers several months ago, you can read my post here: Meet the new real estate customer.
