Different Generational Buying Strategies
Everyone should want to own a house at some point in their lives. Buying a house is part of The American Dream, right? Yes, but it's not as cut-and-dried as that makes it sound. Recent studies show that different generations have very different motivations and strategies when it comes to buying homes. Some organizations have gone very in depth with their studies, breaking down home buying habits by each specific generation. Today, the team at Gattermeir Davidson Real Estate is here to provide an overall analysis of these different strategies by condensing them into two predominant categories: mature adults and young adults. Mature Adults (50 And Older) Mature adults enter the real estate market for many different reasons. Often, these individuals are not first-time home buyers, so mature adults make up a greater percentage of home sellers. When they're buying a house, mature adults tend to look for easy access to key locations such as work and the grocery store, as...