Millennials Demand Technology, Energy Efficiency in Homes - 8 News NOW

Millennials Demand Technology, Energy Efficiency in Homes

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LAS VEGAS -- Two of the hottest markets for home flippers are right here in Las Vegas.

According to RealtyTrac, flippers are making a lot of money in two zip codes 89119 and 89169.

The target group for people who are buying homes, refurbishing them and then selling them at a profit are homebuyers between 25 and 34 years old.

It is all because hipsters or millennials, as the age group is often called, are willing to buy homes that look new and out of a magazine.

These homes of the future will be very different. Millennials are demanding energy efficiency and technology.

At a neighborhood off Sundridge Heights Parkway in Henderson, there is a home known as the new American home.

It is the official show home of the International Builders' Show. It is a preview of what the millennial generation dreams of in a new home.

"Literally from a phone, you'll be able to control the entire home. Your surveillance system, your security system, your heating and cooling, your lighting." founder of Element Building Company Josh Anderson said.

All of your electronics are connected. Touch screens appear throughout the house. The dish washer even shows how many minutes are left, with a projection on the floor.

Through your iPhone, you can turn features on and off when you're not at home.

"It is really becoming the space age. The Jetsons, I remember, used to push all these buttons and everything. Now, you can do things not at your house, but away from home," Michael Currier with the National Association of Home Builders said.

Green is what future generations care about.

"As a trend, more and more people are conscious of their impact on the environment." Anderson said.

The Henderson home uses solar panels that control up to 83 percent of the home's power. It also has electric vehicle and natural gas charging stations.

After the show, the home will be sold turn-key, fully furnished, all of the artwork included, the price tag, up to $5.2 million. While the house is a dream home, it is a large-scale model of what we could see in the future.

"I think what you'll start to see in design, as well, is kind of a multi-generational living, and the concept that you are designing a home you can live in for a lifetime," Anderson said.

The International Builders' Show wrapped up Thursday. It had 80,000 attendees this year.

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