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Sign into your accountMillennial Real Estate Facts and Tips
December 26 2019
Millennials now number about 83 million, or over a quarter of the nation's population, and they're predicted to become the nation's largest population in 2019, overtaking Baby Boomers. They're also the largest generation in the workforce, with the oldest members of this generation approaching 40. This is the beginning of a demographic trend that has some financial strategists making a long-term, bullish case for the U.S economy and the stock market.
For the last few years, the 18-to-35-year-old demographic has been the largest home buyer group at 36%, according to the 2018 buyer and seller trends report. If you're used to catering to older generations, it's time to pay attention and adjust to the needs and expectations of millennials if you expect to grow your business into the future.