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Real Estate Information |
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The Echo Boomers - The Next Big Consumers
The Echo Boomers or Generation Y currently make up about one third of the US Population. Many of the Echo Boomers are starting to reach an age where they want and need things like, Houses, Cars, Insurance. The Echo boomers don't respond to marketing like Earlier Generations. In recent Focus Groups an Echo Boomer is just as likely to being playing a Video Game or surfing the Internet as watching TV. What is an Echo Boomer. An Echo Boomer are the Children born to the Baby Boomers. Depending on which definition of echo Boomer you listen too the First Echo Boomers were born between 1977 and 1982. The Last Echo Boomers were born 1994 to 2004. It is Safe to say for the purpose of this article anyone under the age of 30 is an Echo Boomer. Recent studies show that college students have a huge loyalty to the first company that gives them a credit card. When College student overextend there credit if they have 10 credit cards and rip up 9 they will always keep that first one. This Loyalty extends for years beyond college they still have that first credit card. The next question to ask is if Echo Boomers remain loyal to their first credit card company will they remain loyal to their first, Real Estate Agent, Insurance Agent, Mortgage Broker. The average American buys there first house when they are over 30. Why not target some of these echo boomer between 20 and 30 and sell them that house. Help them with that mortgage. Then Follow up with them a few times a year to see if they have any question or concerns, The Average Homeowner Trades up between 5 and 7 Times. Wouldn't it be nice to build 10 or more relationships a year that result in 5 more big transactions in the next 20 to 30 years. About the Author Get Mike's Newsletter Here Copyright © 2005-2006 Mike Makler
MORE RESOURCES: eXp is ‘prepared for anything’ as consolidation ramps up RealEstateNews.com Real estate tycoon Barbara Corcoran sells her palatial $13.5 million New York penthouse in one day MarketWatch Real estate transfers in Adams County Oct. 6-10, 2025 Muddy River News News Flash • Notice of Sale of Real Estate LENAWEE.MI.us HGTV Stars Ken and Anita Corsini Talk Expected Real Estate Boom Atlanta News First Sustainability as risk mitigation in real estate investing U.S. Green Building Council Sharon September real estate sales The Lakeville Journal Local Real Estate Market Remains Strong and Steady Harrisburg Magazine The 10 Best Real Estate Safety Apps HousingWire Marshall superintendent addresses safety, attendance, and real estate updates Marshall Democrat-News Eric Trump confirms real estate tokenization plans for World Liberty Financial: CoinDesk Crypto Briefing Zillow unveils Zillow Pro, uniting top tools for agents RealEstateNews.com How to sell in fall and winter’s cooler housing market RealEstateNews.com Local Real Estate Activity Sees Slowdown WATD 95.9 FM How AI Will Transform Commercial Real Estate | Florida Realtors Opinion: Crypto hype is affecting everything from real estate to Treasurys. Here’s how to play it. MarketWatch Ownify's New Asset Creates Social Impact Real Estate Investing, Without Sacrificing Returns Yahoo Finance ✰PREMIUM New York’s housing crisis and a real estate development firm looking to make a difference Brooklyn Eagle Orange County Biz Journal seeks a real estate reporter Talking Biz News NorthPeak Commercial Advisors Expands to Texas, Launching New Houston Division to Serve Commercial Real Estate Investors Mile High CRE NJ TRANSIT Launches Real Estate Opportunities Roadmap New Jersey Business Magazine Flagship Communities Real Estate Investment Trust Announces Cash Distribution Increase GlobeNewswire The Real Estate Top Performers discuss how easing interest rates give more opportunities for buyers WUSA9 Real estate transfers: 10/15 Toledo Blade Here's what top agents do in the 1st 60 minutes of their day Inman Real Estate News LeadingRE Hosts Annual Global Symposium Uniting Real Estate Professionals from 31 Countries RISMedia 10 major real estate projects reshaping D.C.'s landscape The Business Journals Northwest Healthcare Properties Real Estate Investment Trust Announces October 2025 Distribution Yahoo Finance 13 major real estate developments proposed in Pompano Beach in 2025 The Business Journals JV planning 580K-sf mixed-use development in Dallas Texas Real Estate Research Center How Three Real-Estate Moguls Ended the War in Gaza The Free Press 1,000-acre park planned for Frisco Texas Real Estate Research Center Target opens 125K-sf store in Stafford Texas Real Estate Research Center 1.6M-sf business park underway in Baytown Texas Real Estate Research Center LA County Boasts 20% Increase in Real Estate Sales MyNewsLA.com Top residential real estate sales for Sept. 29-Oct. 3 in Longboat, Lido, St. Armands, Bird Key Your Observer Mother of slain Twin Cities real estate agent: ‘I immediately knew something was wrong’ Star Tribune Pontiac woman charged with real estate fraud scheme that allegedly stole nearly $200,000 WXYZ Channel 7 New York real estate firm leaves Brickell in major footprint expansion The Business Journals Richmond City Council votes against lowering real estate tax rate after heated debate WRIC ABC 8News Builder sells empty beachfront lot in Palm Beach for $58M after spec-house plans derail Palm Beach Daily News Homes in Bristol County sold for lower prices recently: See how much here Taunton Daily Gazette AndyS owners ASR Real Estate files suit over halted restaurant project Shoreline Media Group Former BDT & MSD Partners real estate credit co-head launches Derby Lane with $1.8bn AltAssets Private Equity News Today’s Mortgage Rates – October 15: 30-Year FRM Hits Lowest Point in Over a Month Norada Real Estate Investments SL Green announces acquisition of Park Avenue Tower Institutional Real Estate, Inc. Austin Housing Market Transforms: From Bidding Wars to Buyer Bargains Norada Real Estate Investments The Hidden Costs of Downsizing The New York Times |
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