What Should a #Millennial Look for in a Home Buying Prospect? A BABY BOOMER!
Here's the big reason why, actually: these baby boomers basically need to trade down. The house is too big, the kids have moved out, and they're just not able to keep up with the maintenance. 24% of home sellers are some of the older baby boomers out there, so as a rule, if you're looking to buy a house with a bit more space than normal (as most millennials these days want), chances are a baby boomer's got the goods for you!
And don't take it lightly either. A baby boomer wants to move out of #realestate fast, especially since this is a demographic most likely wanting to move the farthest away at a mark of 75 miles, a much larger distance than the overall median distance of 20. Like baby boomers shooting out of a rocket.
It’s true, believe it or not. We’re guessing the real estate market is still so vibrant as mentioned here that even baby boomers from back in the ’80s and ’90s are still very much active when it comes to home buying. And they…