Buyers and Sellers Top Location Preferences in Phoenix Over the past couple of years, we’ve seen an ever-increasing number of Americans purchasing homes in the suburbs. In addition to having the opportunity to get more home for their budgets, buying in the suburbs offers individuals the top 3 features that they look for when moving to a different neighborhood including: ● access to suburban parks and the outdoors ● close proximity to family members and friends ● walkability (the ability for individuals to access neighborhood amenities on foot) Interestingly enough, Millennials are the demographics driving this particular trend with nearly 40% considering a relocation to suburban areas compared to just over 20% only 2 years ago (2020). With the onset of COVID-19, increasing numbers of Millennials selling their current homes feel that working remotely enables them the flexibility they need to move elsewhere, which may explain the current shift. Furthermore, the trend was comparable where Gen Z was concerned as 49% of them were living in the suburbs in 2021 compared to 41% in 2020. Consequently, these Gen Z and Millennial relocations are evidence of increasing affordability outside of urban areas where remote working young professionals are concerned. Additionally, the COVID-19 factor is driving Millennials to search for affordable living options outside of urban areas. https://www.google.com/maps?cid=6744959272592205627