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Article: Baby Boomers boasting new influence over real estate.(INSIDER'S OUTLOOK)(Baby boom generation)
- Article from:
- Real Estate Weekly
- Article date:
- January 30, 2008
- Author:
CopyrightCOPYRIGHT 2008 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Some of the most important trends in real estate today, are the population and demographic makeup of the United States. Knowing who they are will assist you in marketing to them. Here is a guide to help you understand who is buying, renting, selling and why.
Baby boomer is a term describing someone born between 1946 and 1964.It refers to the "baby boom" that followed World War II. As of 2007, the term baby boomer is generally applied to anyone between the ages of 43 and 62. Boomers comprise nearly 28% of the adult US population.
The Baby Boomers are now in their 50's and 60's. The next few years will be their most productive earning and saving years. ...