Survey Finds Younger Buyers Taking Over
The following text is taken from a Builder Online article in reference to a National Association of Realtors survey that suggests that concerns about younger buyers waiting in the wings are overblown.
Per the NAR statement: For the second consecutive year, NAR’s study found that the largest group of recent buyers was the millennial generation, those 34 and younger, who composed 32 percent of all buyers (31 percent in 2013). Generation X, ages 35-49, was closely behind with a 27 percent share. Millennial buyers represented more than double the amount of younger boomer (ages 50-59) and older boomer (60-68) buyers (at 31 percent). The Silent Generation (ages 69-89) made up 10 percent of buyers in the past year.
There's more.Read more >
