The new era of real estate is here - Echo Boomers (or Gen Y) are considered the children of Baby Boomers and are between the ages of 18 and 31. There are approximately 80 million Echo Boomers (who knew??) and they have more earning power compared to Baby Boomers. Echo Boomers are well informed and media-savvy and 97% of them use social networking every day.
Earlier this year while earning my SRES designation (Seniors Real Estate Specialist) working with the 50+ marketplace, according to Canada's 2006 Census, one in three Canadians was a Baby Boomer. This market is projected to increase 200% between 2005 and 2036.
As trusted real estate professionals, we need to understand all buyers and sellers and matching housing choices to suit your current lifestyles or transitions about to happen.
Whether you're an Echo Boomer embarking on your first home purchase, or a Baby Boomer moving into a retirement community, remember we are here to help. Call us whenever you need any real estate advice or questions answered.