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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: Facing Real Estate Slowdown, Jeff Greene Regrets Building His Megamansion The Wall Street Journal Ken Griffin invests in real estate tech firm Crain's Chicago Business 13 places in the US where it's probably not worth investing in real estate for the next decade Business Insider The Dallas Morning News Names CF Real Estate Services National Standard Winner in Dallas/Fort Worth For 2019 Business Wire REAL ESTATE TRANSACTIONS: Nov. 11 – 15 Martha's Vineyard Times Real Estate and the Value Investor TheStreet.com Recent Commercial Real Estate Transactions The New York Times NY to probe claims of biased behavior by real estate agents North Country Public Radio Nov. 9 Real Estate Transactions The Newark Advocate People and Property: NH Real Estate and Construction News Roundup New Hampshire Business Review Real Estate Insider: What's up with that smell at the Hudson's site? Crain's Detroit Business MGM’s real estate investment trust confirms interest in MGM Grand Las Vegas Review-Journal Press Release: Real Estate Forecast 2020 Urban Land Worldʼs brightest gather for annual tech summit Real Estate Weekly Boston real estate veteran Frank Petz signs on with Colliers The Boston Globe 5 Ways to Invest in Real Estate Online Motley Fool Leasinvest Real Estate SCA: 2019 Bond Private Placement Brussels Stock Exchange:LEAS - GlobeNewswire Connecticut real estate developer looking to start USL soccer club Hartford Courant 5 Real Estate Trends to Watch in 2020 — RISMedia | RisMedia.com North Texas major investor USAA is selling control of its real estate business The Dallas Morning News Success in real estate investing requires carefully scrutinizing those rare too-good-to-be-true deals Washington Post Hong Kong Real Estate Firm Opens Boston Life Science Office Banker & Tradesman Real-Estate Brokerage Compass Buys AI Startup Detectica Wall Street Journal Real Estate Fresh Finds: November 20 PoPville Real estate investment experts discuss Austin's rising global profile Austin Business Journal CFPB Requesting Comments on Real Estate Rules The MReport All Things Real Estate: Do you know when one of the most advantageous times to sell and buy is? - Blog The Island Now Jersey politicians urge developers to look beyond its waterfront Real Estate Weekly Real Estate – November 19 Greenfield Daily Reporter America's priciest real estate markets HousingWire Deals Day: The latest North Texas real estate moves - Dallas Dallas Business Journal NJ Transit Hires First Real Estate Development Chief CoStar Group Feiner Real Estate donates over $11000 to IHT Martha's Vineyard Times $50M fund targets North East apartment assets Real Estate Weekly Tri-Lakes real estate sales: Sept. 9-15, 2019 | Thetribune Colorado Springs Gazette Berkshire County Real Estate Transactions, Nov. 4-8 Berkshire Eagle Windows onto the real estate market: a case study citywireselector.com Chicago medical real-estate groups buys two more Winston-Salem properties for combined $31.7M Winston-Salem Journal New Real Estate Trust Wants Troubled Philly Community to Shape its Own Economic Development Next City Two Middle Tennessee cities among country's 25 best housing markets Nashville Business Journal Accused Chinese Spy From Hayward Linked To Real Estate Scheme CBS San Francisco Real Estate Market Trends Flathead Beacon Miami County Real Estate Transactions Troy Daily News 30 Leading Organizations Across Real Estate, Sustainability, and Academia Commit to Advising Fitwel on Expansion in Asia Business Wire Flagler real estate transactions: Nov. 20 Daytona Beach News-Journal Spec Investors Have Stranglehold On LA Real Estate, Study Says Studio City, CA Patch Long Island real estate agents treated minorities unfairly: Newsday Business Insider SELLING POINTS: DSA buys $47M apartment building Real Estate Weekly Black Real Estate Brokers Honor Rep. Ford | The Crusader Newspaper Group The Chicago Cusader Financials And Real Estate Dashboard - Update Seeking Alpha Massachusetts real estate transactions for Hampden, Hampshire and Franklin counties: Nov. 17, 2019 edition MassLive.com 2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And More - Forbes Hot Property Newsletter: The luxury real estate market changes with the calendar - Los Angeles Times Different assessments for same property abound in Orangetown and its village of Piermont The Journal News / Lohud.com Dallas real estate market tries to gauge storm impacts The Dallas Morning News JLL to take on laid off WeWorkers Real Estate Weekly March of Dimes Honors local real estate leaders Upstate Business Journal Changes, challenges for Dayton's vital real estate industry - Dayton Business Journal Dayton Business Journal World Class, Mitte Foundation draw battle lines in legal skirmish over downtown Austin properties Austin Business Journal Erie County Real Estate Transactions Buffalo News Tucson Real Estate: Regents buy site for future University of Arizona veterinary school Arizona Daily Star Law firm expands, adds loft practice Real Estate Weekly |
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