Do you have a golden retriever? A cat? A rescue dog that you found at a shelter? Did you know that almost 3 in 4 American Households have pets? As of 2024, 71% of American households have pets and the total U.S. pet industry expenditures have grown to $152 billion. Back in 1988, only 56% of U.S. households had pets which means pet ownership is on the rise.
It’s no secret of how fast a pet can steal your heart. This is why many homebuyers take their pets’ needs into consideration when looking for a new home. In fact, 1 in 5 home buyers said that they considered their pet when choosing a neighborhood. If you have a dog, you might want to look for a home with a large yard for plenty of exercise or neighborhoods with great walkability and dog runs. Other factors pet owners might consider could include proximity to veterinarians, parks, or recreational spaces, homes with large acreage, and neighborhoods with a high or low amount of other pets.
But, what about home buyers’ kids? As of 2024, only 39% of U.S. families and 27% of home buyers had kids under the age of 18 — which happens to be an all-time record low. This is because of two factors: the overall decline in birthrates and a large share of baby boomer households have already seen their children leave the nest.
Whether you are a pet parent or a parent, when you buy a home, you take the things you love into consideration. You dream about how the house becomes a home: the memories you make, the things you will do, and days you will spend there. Reach out to us and we can hop on a quick call, meet for coffee, and chat about your goals and what you’re looking for.
As for any prospective sellers, think about the unique aspects of your home and how they might appeal to households with pets or kids. When we go to list your home, we highlight the special characteristics of your home so that we get the most qualified buyer at the highest price to maximize the return on your investment.
Thanks
