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Welcome back to REal Chat! Great news, we made it through the big storm, which brought up a conversation about how everyone handles weather events differently.Luckily, no damage, just a little less than a day without power. Our big topic today is how different generations handled real estate. In our experience, we saw Boomers sticking around in their homes for a long time. They planned and bought their forever homes early. Annie represents Gen X and says that they, as a group, bought homes thinking of their first home as a starter home, then moved up to the next home within a decade. Millennials bought their first homes a little later than the generations before them. Annie believes that this is because there were so many opportunities to live life and move around before buying a home. Then there is Gen Z who are buying homes earlier than ever. We will dig into Alpha on another podcast.
Welcome back to REal Chat! Great news, we made it through the big storm, which brought up a conversation about how everyone handles weather events differently.Luckily, no damage, just a little less than a day without power. Our big topic today is how different generations handled real estate. In our experience, we saw Boomers sticking around in their homes for a long time. They planned and bought their forever homes early. Annie represents Gen X and says that they, as a group, bought homes thinking of their first home as a starter home, then moved up to the next home within a decade. Millennials bought their first homes a little later than the generations before them. Annie believes that this is because there were so many opportunities to live life and move around before buying a home. Then there is Gen Z who are buying homes earlier than ever. We will dig into Alpha on another podcast.