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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: Pandemic no match for Lincoln real estate market Lincoln Journal Star The Investor | How China's biggest cities are catching up in real estate transparency The Investor JLL What's Next: In real estate, worst fears haven't come to pass — so far Crain's Detroit Business REAL ESTATE TRANSACTIONS Arkansas Democrat-Gazette Natixis Names Americas Real Estate Co-Heads ConnectCRE Basalt real estate group purchases bankrupt Lakota Canyon Golf Club Glenwood Springs Post Independent Massachusetts real estate transactions for Hampden, Hampshire and Franklin counties, Aug. 9, 2020 masslive.com Commercial real estate highlights Richmond.com Here are the latest real estate trends in Lewisville-Highland Village-Flower Mound Community Impact Newspaper Real Estate Briefs: Broadstone Upper Westside; Coldwell Banker Realty; Gary named top agent Atlanta Intown Lake Tahoe real estate brokers see wave of home buyers from big cities KTXL FOX 40 Sacramento Orr joins United Real Estate Solutions Sioux City Journal The Investor | Watch: How global real estate markets felt the impact of COVID-19 in H1 The Investor JLL Real Estate Guide: See This Affordable 3/2 in Baker Ranch San Angelo LIVE! Zillow CEO: Real estate market is beginning 'great reshuffling' as people seek more space at home CNBC Real Estate Q & A | Real Estate | gjsentinel.com The Grand Junction Daily Sentinel La Crosse County real estate transfers for Sunday, August 9 La Crosse Tribune Are New York's real estate agents perpetuating inequality? Crain's New York Business June 2020 Real Estate & Rental Report: Impacts of Pandemic Beginning to Show in Rental & Sales Markets evilleeye.com Longmont-area real estate, commercial deals; Aug. 9, 2020 Longmont Times-Call L.A. could cancel real estate projects tied to corruption Los Angeles Times Condo in Hammock Dunes the top real estate seller Palm Coast Observer Real Estate Booming in Ocean City OCNJ Daily Routt County real estate sales total $22M for July 31 to Aug. 6, 2020 Steamboat Pilot and Today Paso Robles real estate company hosts back-to-school shopping spree for children in need KSBY San Luis Obispo News COVID-19 is Puzzling Work For Real Estate Lawyers Commercial Observer BREVARD REAL ESTATE REPORT: Homeownership Rate Continues to Rise in 2020 Despite Challenges SpaceCoastDaily.com Recent Commercial Real Estate Transactions The New York Times Courthouse The Courier Investors buy more San Jose real estate after Google village deal The Mercury News New real estate developments in the city aren't dead, a report from Development Site Advisors says Crain's New York Business LA Could Kill Developments Tied to Corruption Under New Proposed Ordinance Commercial Observer Janet Powers joins Rosendale Realty | Real Estate MyEasternShoreMD Getting Ready: How Hurricane Season Can Affect Real Estate Transactions | Daily Business Review Law.com Real-Estate Agents Feel the Heat The Wall Street Journal Forfeiture Sought for $70M in US Real Estate Tied to Ukrainian Oligarchs | Daily Business Review Law.com Who's Who in Residential Real Estate 2020 Buffalo Business First Top 10 Brooklyn Real Estate Listings: A Secret Garden in Gowanus, a Roomy Condo in Cobble Hill Brownstoner SmartCentres Real Estate Investment Trust (CWYUF) CEO Peter Forde on Q2 2020 Results - Earnings Call Transcript Seeking Alpha Seattle DJC.com local business news and data - Real Estate - EverWest pays $29.5M for Renton industrial property Seattle Daily Journal of Commerce Real Estate Asset Tokenization: What You Need To Know Yahoo Finance Real Estate and Title Recordkeeping Platform, Ubitquity, to Create Solution for Issuing Blockchain based Tokens Representing Property Titles for Rainier Title Crowdfund Insider Real News | Real Estate | gjsentinel.com The Grand Junction Daily Sentinel Feds investigating massive suspected Marin County Ponzi scheme involving dead real estate investor San Francisco Chronicle “Blank-check” companies make a comeback in real estate The Real Deal Commercial projects taking shape across the Grand Valley The Grand Junction Daily Sentinel Ares Commercial Real Estate Corp. (ACRE) CEO Bryan Donohoe on Q2 2020 Results - Earnings Call Transcript Seeking Alpha Triangle commercial real estate: few deals, but one big one Raleigh News & Observer Real estate transactions: Aug. 5, 2020 The Recorder Housing market skirts coronavirus crisis as sellers use 3D virtual tours to find eager buyers - CNBC REAL ESTATE TRANSACTIONS: Week of July 27 – 31 Martha's Vineyard Times Real-estate transactions: Aug. 7, 2020 - News Peoria Journal Star Real Estate Transfers: Aug. 9, 2020 | Records | messenger-inquirer.com messenger-inquirer How to Navigate the Coronavirus Real Estate Market The New York Times How to Choose the Right New York City Suburb The New York Times Real Estate Staying Strong InvestorPlace Poconos real estate market heating up WNEP Scranton/Wilkes-Barre |
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