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Study reveals the housing preferences of the Boomer generation 1/3–1/2 Acres View Lots Holualoa $279,000 to $345,000 Owner Finance up to 70% Holualoa Pualani Estates Hualalai St. Pualena St. Queen Kaahumanu Hwy-11 To Kona Puapuaanui St. DON’T LET YOUR CHANCE TO BUILD YOUR Barrie W. Parker (B) RB 16438 (808) 334-0000 Offered by Reduced Price 77-260 HOOMAHALA ROAD KAILUA-KONA HAWAII 96740, MLS #292503, $875,000 Incredible property with salt water pool, beautiful wide views of the ocean, gazebo with ceiling fans and Comp Shingle roof, water fall with pond, whole house photovoltaic electric generation system (Leased ) with an average electric bill is $21 per month, central air conditioning and Fujitsu split A/C in master bedroom, custom cabinets, custom bamboo shades, mirrored closet doors, vaulted ceilings, ceramic tile fl oors and plush carpeting, counters & bath enclosures, bar area and large net usable lot area with rock walls, lawn, large pool deck, fruit trees, beautifully landscaped with solar lighting, covered lanai with beautiful views of the sunset over the ocean, large storage shed and a three car garage. O ce 808.322.2558 Cell 559.681.4460 Real Estate Solutions Hawaii Terrence P. Fitzpatrick R(B) #19412 78-7054 KAMEHAMEKA III ROAD #803, KAILUA-KONA 96740, MLS #288750, $335,900 Beautiful, completely, extensively remodeled and up dated. Newer ceiling, newer fl ooring, newer furniture, newer cabinets, newer fi xtures, newer washer/dryer, newer appliances, newer paint, newer hot water heater and more. Open fl oor plan with golf course and part ocean views. Sold turnkey. Quiet complex with convenient access to shopping and recreational activities-common area includes pool and exercise room. One Parking stall is assigned. 18 West Hawaii Real Estate | April 27, 2016 The National Association of Home Builders (NAHB) has had a long history of tracking the evolution of home buyer preferences. Builders and other industry professionals now have an opportunity to find out what baby boomers want compared to other home buyers in Housing Preferences of the Boomer Generation: How They Compare to Other Home Buyers, a study recently released by NAHB’s publishing arm, BuilderBooks. Based on a comprehensive, nationwide survey of recent and prospective home buyers conducted in 2015, the study discusses how various designs influence the home purchase decision; the location, features and size of the homes consumers want, and the influence of certain events and people on the decision to move to another home. Here are some of the findings on what homebuyers want: • The majority of all buyers (65 percent), and boomers in particular (63 percent), would like to buy a singlefamily detached home. • Most homebuyers (64 percent) prefer a single-story home, but there is great variation by generation: Millennials (35 percent), gen X’ers (49 percent), boomers (75 percent and seniors (88 percent). • Fifty-eight percent of homebuyers want a full or partial basement, but the preference declines with age: Millennials (77 percent), gen X’ers (67 percent), boomers (50 percent) and seniors (43 percent). • When asked if they would buy a home without a living room, 37 percent of buyers say they would, 42 percent would not and 21 percent are not sure. The share of buyers willing to part with this formal space falls steadily with age: Millennials (43 percent), gen X (40 percent), baby boomers (37 percent) and seniors (26 percent). And here are some of the findings on what most buyers do not want: • Few buyers (8 percent) or boomers (7 percent) prefer a central city location. About two-thirds prefer a home in the suburbs (close-in or outlying) and just over a quarter prefer a rural area. • Only 14 percent of buyers overall (and 13 percent of boomers) are willing to pay more for a home out of pure concern for the environment.


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