After a hot, humid summer, October is finally here. The leaves are changing colors, pumpkin pie is making a comeback, and best of all, Zillow just released their annual Consumer Housing Trends Report for 2017. After polling more than 13,000 people across the United States, we now have better insight into the diverse consumer experience in real estate.
One highlight from the report was how new entrants into the housing market are reshaping the way that business is done. As the first wave of Generation Z joins Millennials in finding their first house or apartment, smartphones, social media, and online networks are becoming integral parts of the home search. While older generations rely on real estate agents for information and expertise, Millennials expect real estate agents to become trusted advisers and strategic partners.
For more interesting findings, check out the infographic below.
If you're interested in more in-depth analysis, graphs and methodology you can find the entire 2017 Consumer Housing Trends Report here.