According to Business Insider, millennials are the new seat of purchasing power in North America, and their behaviors are shaping the real estate market.
But what is the industry doing – if anything – to adapt to this demographic shift? By now, the habits and values of millennials are well documented, a mainstay of “millennials are ruining this industry” headlines for the past 15 years. Millennials value tech-driven approaches, transparency, and convenience.
In this post, let’s look at how these behaviors are reshaping the real estate industry. If you’re a real estate practitioner, take note. As millennials ascend in spending power to become the most influential actors in real estate, here are a few trends to consider.
The post Millennial Real Estate Trends to Watch originally appeared at MoneyMiniBlog.