For millennials, the happiness and well-being of their pets is a big factor when buying a home
Buying a home is an important life decision with many factors to consider throughout the process, including our furry, fuzzy, and feathered family members. According to the National Association of Realtors® (NAR), 43% of households indicated they would be willing to move to better accommodate their pets, demonstrating that pets are a priority for many consumers as they look for homes.
Home is Where the Hound Is
Though only 18% of Realtors® said they were representing a client who was moving solely because of their animal, more and more homebuyers say that having more space for their pets is a priority. In fact, millennial homebuyers are more likely than any other demographic to report their pets influence their home decisions. With millennial homebuyers now the largest demographic searching for homes, and 73% of millennials owning a pet, we are likely to see more and more home seekers making decisions based on their pets.
Other pet-related facts found by NAR:
- 38% of Realtors®’ clients have owned a pet, companion animal, or service animal
- 80% of Realtors® recommend removing pets during showings
- 81% of Realtors® consider themselves animal lovers
Bringing Pets to Showings
Where you live impacts not only you but also your pets. So, it’s no surprise that more and more homeowners are bringing their pets to look at homes. In fact, a recent survey from Ally indicates that 20% of home seekers prefer bringing their pets to look at homes.