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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: 'Nepo homebuying' isn't as popular as it used to be. That's actually a bad sign for the US real estate market. Business Insider The ‘Most Colorful Home in Queens’ Has a Dark Secret The New York Times Much of Detroit's popular Eastern Market now up for sale Detroit Free Press
Greenwood Village-based real estate firm acquires Corporate 25 office campus in Centennial The Denver Post Exclusive | NYC Real-Estate Firm Nears Deal to Buy Troubled Office Landlord Paramount The Wall Street Journal Babson Launches New Institute for Real Estate and Entrepreneurship · Babson Thought & Action Babson College How AI is transforming real estate Times Union Massive portfolio of Eastern Market real estate hits the market Crain's Detroit Business MoxiWorks continues to fortify its executive team Real Estate News by RealEstateNews.com Real Estate Transfers: Sept. 18, 2025 The Suffolk Times Ascot sues to cap E&O payouts after costly real estate wire fraud Insurance Business America Inked: Long Island retail and industrial real estate deals Long Island Business News Firm Real Estate Puts 21 Properties Up for Sale in Eastern Market District DBusiness Magazine Real Estate Transactions: Sept. 19, 2025 Greenfield Recorder Hempel Real Estate acquires 80,000-square-foot medical laboratory property in Maple Grove REJournals This CHILLING New Real Estate Scam Could Cost You Everything House Beautiful IMAGE Studios Franchise: A Scalable Real Estate Investment 1851 Franchise Former Mall at Turtle Creek property sold, real estate developer confirms Jonesboro Right Now Duquesne University to offer real estate major TribLIVE.com Lot Lines: 2025 Commercial Real Estate Summit The Journal Record KKR Expands Boston Footprint with 132,000-SF Lease at International Place in Landmark 15-Year Deal — One of 2025’s Largest Office Transactions Boston Real Estate Times Early Education Nonprofit Moves from Lexington to Woburn Boston Real Estate Times Real Estate Mrkt. Steady, Prices Coming Back to Pre-COVID Woodall's Campground Magazine Shelter Island Reporter Real Estate Transfers: Sept. 18, 2025real estate Shelter Island Reporter Top residential real estate sales for September 1-5 in Sarasota, Siesta Key, Palmer Ranch, Osprey, Nokomis Your Observer Threlkeld Homes Team joins Wallace Real Estate Knox TN Today Don Giesler Sr. remembered for four decades in real estate Perryville Republic Monitor PACE Equity Unveils Flexible Large-Asset Financing Product, Closes $63M Resort Deal in Utah Boston Real Estate Times Best Real Estate Projects 2025: McClellan Jet Services FBO The Business Journals Could interest rate cuts help jumpstart Cape Coral housing market? Local brokers weigh in Fox4Now.com How a 43-story tower got the green light to build The Charlotte Ledger Real Estate Investing / The Real Deal Monthly Meetup Dundalk Eagle South Bay tech campus is taken by lender in real estate foreclosure The Mercury News Homes for Sale in Manhattan and Brooklyn The New York Times When a College Dies, Who Gets the Campus? Bloomberg.com A guide to how counteroffers work in real estate The Daily Gazette Homes for Sale in New Jersey and New York The New York Times Rice Real Estate, Lincoln Property Co. announce plans for The Arc, significant expansion of Ion District Rice University How much were the 10 most expensive reported home sales in Hernando and Citrus last week? Tampa Bay Times Real estate will ‘work closely with Mayor Mamdani,’ REBNY chief Whelan says Crain's New York Business Transwestern taps veteran broker to lead Chicago office Crain's Chicago Business Backstory: Hamptons Real Estate Negotiation Strategies Dan’s Papers A guide to how counteroffers work in real estate The Grand Island Independent Best Real Estate Projects 2025: Crawdads on the Lake The Business Journals Salisbury’s August real estate sales The Lakeville Journal Officials close eight Puerto Morelos real estate developments for irregularities - Riviera Maya News A guide to how counteroffers work in real estate The Independent Record Take a photo tour of a colorful condo listed at $1.475M on the South End of Palm Beach Palm Beach Daily News Israeli minister says negotiations ‘have started’ with US to turn Gaza into ‘real estate bonanza’ Washington Examiner Smotrich says Israel sitting on a 'real estate bonanza' in Gaza, talking to the US about dividing it up The Times of Israel Mid-Shore Realtors install new president, officers The Star Democrat Renovating to sell your home? 6 home upgrades that rarely pay off — and 6 that buyers actually notice, according to a real estate agent Yahoo Lifestyle Canada |
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