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Millennials, they get kind of a bad rap don’t they? They also make up 43% of home buyers which is currently the largest percentage of any generation. What does this mean? It means those of us from Gen X and the Boomers have to learn to better understand them, if we want to work together with them, and ultimately if we want to have them as clients.
Things have changed rapidly over the last two decades with technology seemingly accelerating all the time. So of course the generations of kids growing up in a new technological age have changed. For those of us that fall into the Boomers and Gen X generations it looked a lot different growing up with no cell phones, no internet, no social media, and while most of us have adapted to these changes there can still be what almost amounts to a cultural gap between these “older” generations and the younger Millennials and Gen Z. The way things were done in the 70s and 80s are not how they are done today, and Millennials' expectations and desires have drifted away from the older ways of doing things, and this includes how they shop for and buy a house.
We sat down for a chat with a Millennial couple who recently bought their first house in Houston and asked them all about their home buying experience, what was important to them when considering buying a home, how they chose a Realtor, how they chose a lender, and basically walked through their entire experience with them. It was very enlightening to hear their perspective on the home buying experience. We are so excited to share this with you, let’s dive in!
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Millennials, they get kind of a bad rap don’t they? They also make up 43% of home buyers which is currently the largest percentage of any generation. What does this mean? It means those of us from Gen X and the Boomers have to learn to better understand them, if we want to work together with them, and ultimately if we want to have them as clients.
Things have changed rapidly over the last two decades with technology seemingly accelerating all the time. So of course the generations of kids growing up in a new technological age have changed. For those of us that fall into the Boomers and Gen X generations it looked a lot different growing up with no cell phones, no internet, no social media, and while most of us have adapted to these changes there can still be what almost amounts to a cultural gap between these “older” generations and the younger Millennials and Gen Z. The way things were done in the 70s and 80s are not how they are done today, and Millennials' expectations and desires have drifted away from the older ways of doing things, and this includes how they shop for and buy a house.
We sat down for a chat with a Millennial couple who recently bought their first house in Houston and asked them all about their home buying experience, what was important to them when considering buying a home, how they chose a Realtor, how they chose a lender, and basically walked through their entire experience with them. It was very enlightening to hear their perspective on the home buying experience. We are so excited to share this with you, let’s dive in!
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