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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: More ‘pain’ for real estate? Experts divided over Trump’s tariff impact on housing Fox Business Real estate transactions — April 10-16 SteamboatToday.com Real estate is facing the worst fair housing crisis since the ‘60s Real Estate News by RealEstateNews.com Real Estate Transfers ~ April 3, 2025 The Bedford Citizen Norwalk's 2024 grand list drops to $16.2B, led by $1.3B decline in real estate values - Norwalk Hour Prince Harry and Meghan Markle Have Made Some WILD Real Estate Moves in the Past 8 Years House Beautiful Real Estate Investing: 5 Ways to Get Started NerdWallet Former executive sues Pat Connaughton's real estate company Milwaukee Journal Sentinel Real Estate Market Report (Feb./March) highlandscurrent.org The Michael Houck Real Estate Guide for April 20 Oil City News Agent Spotlight: Jim Smyth The Grand Junction Daily Sentinel How the Pandemic Changed New York City Real Estate Behind The Hedges Beyond the Boardroom: LIVE Real Estate Group's Dionne Clifton The News-Gazette Many first-time homebuyers are pushing 40 as millennials wait in vain for a better market - NBC News Mandatory NAR membership facing a new legal challenge Real Estate News by RealEstateNews.com Brokerage Beat: News from Compass, eXp, The Agency, more Real Estate News by RealEstateNews.com Accused Houston real estate fraudster connected to dozens of stolen properties caught attempting new deed filing Click2Houston Zillow just started an all-out war over real estate listings Business Insider Houston real estate lawsuit: Harris County suing couple in forgery case and theft of 35 properties ABC13 Houston The Hollywood Reporter Celebrates the Big Apple’s Top Real Estate Agents at New York Power Broker Awards The Hollywood Reporter Portland homebuyers rush into combative spring market OregonLive.com Real estate options slim for Grove City dispensaries The Columbus Dispatch Tucson, Ariz.: Western Skies and Competitive Home Prices The New York Times Who’s Buying What in the Big Apple? Ask NYC’s Top Realtors The Hollywood Reporter See how much real estate prices have changed in Petaluma last week The Press Democrat Mumbai’s Rush to Rebuild Comes With a Warning Bloomberg.com Trump Official Scrutinizes N.Y.’s Attorney General Over Real Estate The New York Times Housing Market Crash Alert? Zillow Turns Negative on Home Prices Norada Real Estate Investments Real estate sales in Peoria, Tazewell and Woodford counties for April 19, 2025 - Peoria Journal Star Real estate sales in Peoria, Tazewell and Woodford counties for April 19, 2025 Peoria Journal Star Trump’s latest crypto venture will be a video game, and sources say it will be like Monopoly Fortune Sandwich house on market in 'awesome location' for $680,000 Cape Cod Times Q1 Estin Report for Aspen Snowmass real estate shows growth AspenTimes.com Dodge County Real Estate Transfers Fremont Tribune Page C13 Post and Courier Real estate Sales include business buildings in Westfield, Jamestown observertoday.com Licking County real estate sales for March 31-April 4 reach $2 million The Newark Advocate Phoenix land on Camelback Mountain with Frank Lloyd Wright-inspired home for sale for $30M The Arizona Republic $20M Coldwell Banker real estate calls class action settlement Class Action Lawsuits Real Estate Notes: Rutledge Hill hotel to open July 1 Nashville Post Imran Chaudhary, leading the real estate project in East Plano, says his planned Islamic Center is misrepresented by politicians IslanderNews.com Historic flooding locally impacts commercial real estate market The News-Enterprise MLS that quit enforcing Clear Cooperation gets back on board Real Estate News by RealEstateNews.com House of Week: With its indoor heated pool, this Marcellus property is ‘like a vacation’ Syracuse.com Post-hurricane real estate market hard to pin down Your Observer Main Line home with 3 golf holes on former Penshurt Estate asks $2.3M The Business Journals Battle Of The Listing Sites. Zillow Bans Pocket Listings, While Homes.com Welcomes Them Yahoo Finance Stafford County supervisors vote to increase real-estate tax rate by 3 cents Fredericksburg Free Press Berkshire County Real Estate Transactions for March 31-April 4 The Berkshire Eagle Buc-ee's travel center may mean more residential, commercial development in St. Lucie County Treasure Coast News Westmoreland County Real Estate Transfers The Latrobe Bulletin How Eliminating Property Taxes Could Impact Florida Homeowners U.S. News Real Estate Kohl’s real estate head joins CBRE’s retail group Chain Store Age The Mountain city where thousands are selling their million-dollar homes amid 'cloud of uncertainty' Daily Mail CoStar CEO takes on Zillow in letter to agents Real Estate News by RealEstateNews.com Real estate news: 2-tower office campus in Newport Beach sells at a loss for $33M Orange County Register Lisbon commercial real estate gains momentum The Portugal News $2.1 Million Homes in Muskoka, Ontario The New York Times Housing Market Predictions for 2025 Ramsey Solutions News of public record: Muskingum County real estate transfers Zanesville Times Recorder Blackstone warns tariffs ‘may slow’ CRE deals The Real Deal Mr. Zuckerberg Goes to Washington and Buys a Mansion The New York Times The 15 Best Real Estate Apps for Agents in 2025 HousingWire Department of Taxation and Finance dos.ny.gov |
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