> Home > Insider News

As First-Time Buyers Continue Disappearing Act, Brokers See Challenge and Opportunity

As First-Time Buyers Continue Disappearing Act, Brokers See Challenge and Opportunity

(Boonton, NJ, January 19, 2016) — Real estate leaders once saw millennials as the driver of a demographic boom in housing.

After all, the generation outnumbers baby boomers, who are legendary for snapping up homes. But as millennials head into their prime buying years, their effect on the housing market has proven minimal.

Seeing opportunity, some brokers serve this market by educating millennial consumers about home buying, and they’ve invested in technology and young agents who can relate to young buyers.

For example, Howard Hanna Real Estate Services is wooing young buyers with its My First Home campaign, which includes videos that walk buyers through the basics of credit scores, mortgage applications, and down payments.

Details on this program appear in the January issue of Real Estate Broker’s Insider.

###

About Real Estate Broker’s Insider

Real Estate Broker's Insider provides residential real estate agency broker/owners with actionable news and information on managing their businesses for greater profitability.

Website: http://www.BrokersInsider.com

 

Home | Contact Us

© 2017 Alexander Communications Group, Inc. All Rights Reserved.
Real Estate Broker’s Insider
36 Midvale Road, Suite 2E, Mountain Lakes, NJ 07046
Telephone: (973) 265-2300, Fax: (973) 402-6056
Website: www.brokersinsider.com
Email: info@brokersinsider.com
www.AlexCommGrp.com
Terms of UsePrivacy Policy