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3 Generations Top Housing Market Trends

3 generations top housing market Trends. July 24, 2018 by Joel and Jodi Redmond. Historians like to say that those who do not learn the lessons of the past are doomed to repeat them. In the real estate industry, the chances of that happening are slim because agents and other professionals follow.

Sales Strategy, Revenue Generation, Top Key Players. outlook of the market with the recent trends and SWOT analysis. 2. The developing market dynamics, competition, industry plans, and policies are.

3 Generations Top Housing Market Trends Kurt Clements July 17, 2018 Real Estate Leave a Comment Historians like to say that those who do not learn the lessons of the past are doomed to repeat them.

3 Generations Top Housing market trends. july 24, 2018 by Jim Dildine 0 Comments. Historians like to say that those who do not learn the lessons of the past are doomed to repeat them. In the real estate industry, the chances of that happening are slim because agents and other professionals.

3 Generations Top Housing Market Trends. July 24, 2018. Historians like to say that those who do not learn the lessons of the past are doomed to repeat them. In the real estate industry, the chances of that happening are slim because agents and other professionals follow market trends closely.

Millennials comprised upwards of 34 percent of the market and about two-thirds of them were reportedly first-time home buyers. Given the shortage of entry-level homes for this demographic, 2018 and 2019 should have them in the driver’s seat in terms of buying trends.

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Even with the market frictions, the study found that the largest group of recent buyers was the millennials, sometimes called "generation Y" or "generation next" – those born between 1980 and 1995, who comprised 31% of recent purchases. This was followed closely by "generation X," those born between 1965 and 1979, at 30%.

Smart home technology has already created a buzz in the housing market and rises to the top ranks of 2018 real estate trends. According to a study conducted by NPD Group, 41 percent of millennials report having an interest in owning smart home products. This is in contrast with Gen X’s 28 percent and the baby boomer’s 19 percent.