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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: How Jordon Hudson, 24, amassed $8 million real estate portfolio within months of meeting Bill Belichick New York Post Job Market Defies Tariff Fears to Remain Strong in April, Offering Jolt of Confidence to Homebuyers Realtor.com Real estate transfers in Adams County from April 21-25, 2025 Muddy River News Real estate report: Three key factors are behind Louisiana’s surge in investment Baton Rouge Business Report Status update: 7 Upstate commercial real estate projects upstate business journal Hyderabad blues: Real estate sales in city see biggest drop The Financial Express ArchCrest opens new real estate division Northern Nevada Business Weekly Lupoli Companies to Break Ground on Major Development in Littleton Boston Real Estate Times Two key real estate bills take aim at industry regulations Real Estate News by RealEstateNews.com Advocacy Scoop: New NAR Poll Unveiled—Tax Reform, Real Estate Policy and Voter Opinion National Association of REALTORS® The Pipeline: Commercial real estate roundup for 5.2.25 Richmond BizSense Cattaraugus County: Ellicottville home, Machias property lead March real estate sales Olean Times Herald Fond du Lac County property sold for $530K in latest real estate transfers for April 21-25 fdlreporter.com Licking County real estate transfers for April 14-18 reach $1.4 million in Newark The Newark Advocate ThoughtCraft Architects Marks 20 Years of Design Excellence Boston Real Estate Times People on the Move: New execs at HomeServices, RE/MAX Real Estate News by RealEstateNews.com Urban Edge Signs First New Leases at Shoppers World Since Acquisition Boston Real Estate Times MassHousing Awards $1.55 Million to Create Affordable Homeownership in Malden Boston Real Estate Times Rockland Trust to Open New Corporate Headquarters in Rockland, MA Boston Real Estate Times Things to know about SW Florida real estate with Call It Closed International Realty Gulf Coast News and Weather - Southwest Florida News Mid-America Real Estate closes sale of 34,431-square-foot shopping center in Midtown Detroit REJournals Ranking Arizona: Top real estate law firms for 2025 AZ Big Media Richland County property transfers recorded April 21-25 Mansfield News Journal Mahoning County Real Estate Sales: $200K+, May 2025 Business Journal Daily LOCAL REAL ESTATE TODAY 5.2.25 KQEN News Radio At $16.5 million, Palm Beach sale is the biggest townhouse deal of the winter season Palm Beach Daily News Startup radar: Seattle-area tech companies build software for robotics, real estate, and more GeekWire Real estate veteran named president of regional Berkshire Hathaway HomeServices Hartford Business Journal Crossing Real Estate: They Shaved Another $50k off the $1.25 Million Fishtown House - Crossing Broad Property transfers: Nursing facility, rental complex sell for more than $1 million Canton Repository Alexandria Real Estate Equities Looks Juicy But Uncertainty Keeps Me Sidelined (NYSE:ARE) Seeking Alpha Household Struggles Weigh On Real Estate And Spending Seeking Alpha Raith seeks to raise $700m for non-core US real estate fund IPE Real Assets Blackstream opens luxury office near Lake Keowee GSA Business Report Welcome to Real Estate Friday! The Berkshire Edge Current Real Estate Roundup - May 1, 2025 Nantucket Current Quarles Adds Calamita as Public Finance, Real Estate Partner Bloomberg Law News Solano Real Estate Scene: Slow down, buy a house Daily Republic Franklin Real Estate Development finds inspiration in Greenville’s history upstate business journal April real estate transactions CraigDailyPress.com Secluded estate near Ann Arbor is Washtenaw County's most expensive home. Price: $8.99M Detroit Free Press 'Slow and steady': How a couple retired early by buying one rental property a year with 5% down payments Business Insider Ballard Spahr Hires Jill Parks as Washington Real Estate Partner Bloomberg Law News Solano Real Estate Transactions: May 2, 2025 Daily Republic Berkshire region real estate sales – May 2, 2025 The Berkshire Edge Exclusive: Trump's first real estate project in Qatar to be announced by Qatari Diar, Dar Global Reuters Places This Week: A waterfront estate in Dunedin St Pete Catalyst Mortgage Rates Drop and Remain Below 7% for 15 Straight Weeks Norada Real Estate Investments Real estate performance in Quarter 1, and some perspective Garden City News Bond Market Outlook for 2025 by Morgan Stanley Norada Real Estate Investments How the Dallas Commercial Real Estate Industry Could Fare in the New Tariff Environment - D Magazine Allied Properties Real Estate Investment Trust (APYRF) Q1 2025 Earnings Call Highlights: ... - Yahoo CENTURY 21 Real Estate and Institute for Luxury Home Marketing Launch Collaboration With New Q1 2025 Luxury Market Report Franchising.com Here's what local experts say the Baton Rouge real estate market will look like in 2025 The Advocate SDSU: SDSU Imperial Valley alumnus finds new meaning in real estate career Imperial Valley Press Online Today’s Mortgage Rates – May 2, 2025: Rates Are Down 46 Basis Points From Last Year Norada Real Estate Investments Graham Norton’s Manhattan Carriage House Is Listed for $5.595 Million The New York Times Abundant listings and stable prices not enough to drive April sales in the Fraser Valley GlobeNewswire Costar Group (CSGP): “Bloomberg Of Commercial Real Estate” Insider Monkey What's the most expensive property sold in Rhode Island? May 2 real estate transactions The Providence Journal Real Estate: Market Pulse (April 2025) Seyfarth Shaw LLP Real Estate Magnolia Reporter Down payments are the biggest homeownership hurdle. Why is Washington making them scarcer? USA Today Spring 2025: Navigating a Shifting Real Estate Landscape – Bryant-Hafizi Real Estate Santa Clarita Magazine Former Cubs pitcher Kyle Hendricks sells Southport Corridor home fast and at full price Crain's Chicago Business |
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