Posted by: RAPV | November 5, 2015

What the Real Estate Industry Needs to Know About Millennials

According to the U.S. Census Bureau, millennials number 83.1M – more than one quarter of the nation’s population.  Millennials are a powerful buying force and their preferences will greatly impact the economy and shape of the residential real estate market. They are the most racially diverse and educated generation.  The infographic in this article shows various characteristics of millennials and what they value in the homebuying and selling experience.   It also highlights their untapped demand for homeownership, which brings great opportunities in real estate for those who are positioned to serve them.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: