Monday, December 8, 2014

Blog #6 Generation Y


Millenial Generation: Millenials are the demographic cohort following Generation X. There are no precise dates when the generation starts and ends. Researchers and commentators use birth years ranging from the early 1980s to the early 2000s.

 The Generation Y or Millenial generation is one of the largest consumers of a modern real estate market. The millenials are “moving the market, but not as homeowners” according to CBSNews. Sellers and marketers of real estate are increasingly aware and focused on appealing to this generation. Cities all over the country are growing, expanding and becoming new centers of innovation, youth and a sense of free spiritedness. Cities like Austin, Seattle, Cleveland, and Portland are the new hot spots. The millennial generation is paving the way for businesses and growth.  


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