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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: Americans believe real estate, gold are the best long-term investments. They're wrong, advisors say CNBC Rennie lays off 31 employees from real estate firm, cites ‘changing market’ Business in Vancouver Don’t Trust Your Landlord? Here’s How You Can Find More Information. The New York Times A 24-year-old learned about real estate investing on TikTok. Now he plans to convert a $2 million motel into apartments. Business Insider Here’s a snapshot of the area commercial real estate market in April - Baton Rouge Business Report Here’s a snapshot of the area commercial real estate market in April Baton Rouge Business Report Private real estate sees ‘bifurcation’ in compensation growth Private Equity Real Estate | PERE OT Real Estate Spotlight of the Week: 4295 Saddlebrooke Trail The Owensboro Times Senior Living More Tariff-Resistant Than Other Real Estate, Immigration Remains Big Issue Senior Housing News Brokerage Beat: News from eXp, Anywhere brands, KW, Corcoran, more Real Estate News by RealEstateNews.com Who's buying up Quincy real estate? What one buyer has spent $78 million in last 5 years The Patriot Ledger Montgomery County and MCB Real Estate Partner on First-Ever Tax Increment Funding to Support $2.8 Billion Investment in East County Montgomery County (.gov) Bray Real Estate releases its April 2025 numbers KKCO 11 News European real estate somewhat shielded from tariff chaos Institutional Real Estate, Inc. Real estate’s winners and losers of the state budget The Real Deal Real estate sales in Peoria, Tazewell and Woodford counties for May 10, 2025 Peoria Journal Star Grant Cardone Shares The 4 Greatest Opportunities For Real Estate Investors: 'Lower Rates Coming' Yahoo Finance Athens Riviera Set To Lead Europe’s Prime Real Estate Boom With Ultra-Luxury Demand In 2025 Travel And Tour World Westmoreland County Real Estate Transfers The Latrobe Bulletin Sherley Real Estate, LLC - Ad from 2025-05-10 The Independent Record EG Real Estate: 7 New Listings & 5 Sold East Greenwich News Homes.com aims to one-up Zillow with listings ‘boost’ Real Estate News by RealEstateNews.com After Sierra Leone's President Took Office, His Wife and Her Family Went Real Estate Shopping Organized Crime and Corruption Reporting Project | OCCRP Here are businesses on the move in Marin, Sonoma, Napa and Mendocino counties The North Bay Business Journal Real estate execs gave $400K to Cuomo’s PAC. NYC is suing them for building disrepair. - Gothamist llinois bill looks to enshrine Clear Cooperation in state law housingwire.com Trump’s Migrant Crackdown Adds to Miami’s Real Estate Woes Insurance Journal Property transfers: Marion County sales range from $4K to $595K The Marion Star Global Surge in Data Infrastructure Demand Reshapes Real Estate Landscape, Cushman & Wakefield Reports Boston Real Estate Times Tributes – part III: Giving credit where credit is due Institutional Real Estate, Inc. Turbulent times: A mixed picture in European real estate reveals signs of a changing market Institutional Real Estate, Inc. What’s next for StepStone after its record real estate fundraise? Secondaries Investor How’s the Market? AI and real estate The Ukiah Daily Journal Thriving in change: The value of a Realtor and top association Real Estate News by RealEstateNews.com Alexander Brothers Face More Sex Crimes, Including Against Underage Girl The New York Times JLL announces senior leadership appointments Boston Real Estate Times TIM SCOTT REAL ESTATE - 82410 Caledonian Record People: Mark Nowaczewski, Sakara Ferebee join Street Commercial Real Estate Northern Nevada Business Weekly When markets speak louder than politics: Real estate in an uncertain economy Rochester Business Journal Number crunching: How have top-down and bottom-up allocation strategies influenced real estate investment and performance during the past 40-odd years? Institutional Real Estate, Inc. NextGen Realty Opens Worcester Office to Meet Growing Demand for Central Massachusetts Housing Boston Real Estate Times Amazon’s head of global real estate set to depart as company expands offices in major cities CoStar Israeli veteran's Cincinnati real estate empire collapses amid fraud allegations - WCPO 9 Cincinnati AIM Media Texas Plans to Sell Real Estate Property to UTRGV Texas Border Business Suspect in Houston-area real estate agent's Downtown Dallas killing denied bond reduction FOX 4 News Dallas-Fort Worth Boston real estate firm expands into Worcester, opens Downtown office Worcester Business Journal Gold tops stocks as second-favorite long-term investment, real estate still no. 1 - Gallup poll Seeking Alpha Form 253G2 Roots Real Estate Invest StreetInsider Sprinkman Real Estate Announces Expansion to Meet Rising Demand in Madison Housing Market openPR.com Shelter Island Reporter Real Estate Transfers: May 9, 2025 Shelter Island Reporter Welcome to Real Estate Friday! The Berkshire Edge 2 Northwest Arkansas commercial real estate companies merge Talk Business & Politics Real estate transfers: 5/7 Toledo Blade A real-estate giant wants sellers to list their homes privately. Will homeowners benefit? MarketWatch Southside regional real estate forum showcased highlights and challenges of growth Chatham Star-Tribune Pope Leo XIV’s boyhood home in Dolton was on the market until Thursday. What comes next for the house remains to be seen. Chicago Tribune Norway’s sovereign wealth fund appoints Knapp as global real estate head Private Equity Real Estate | PERE Licking County real estate transfers for April 21-25 reach $10 million in Newark The Newark Advocate See how the real estate market fared in New Caney, Porter in April Community Impact |
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