What follow the Millennials in the rankings of home buyers are the baby boomers with 31% recent home buys that ages between 50 and 59. They look for properties that are 30 miles away from their previous residences.
Ottawa, ON -- (SBWIRE) -- 04/01/2015 -- The real estate industry is an ocean of opportunities for people, and it's up to them which tides they'll be conquering. For over fifty years, the real estate industry remains one of the business ventures that offer great benefits to many individuals who switched their blue collar jobs to real estate niche. That even private owner takes their chances of selling their properties by enlisting it in various multiple listing services like the TheRealtyCommission.com just to make a profit and enjoy the many benefits included.
This year home sellers and buyers will definitely enjoy huge inventory and high demands that the real estate offers after a Generational Trends Report was released recently to identify the trends in this bountiful industry. According to the reports, among the share group buyers ever recorded, the millennials are the top home buyers for 2015 with 32%. The younger generation today prefers properties that is near their job's location and is within their budget. Most of them purchase properties on real estate professionals, look for properties for sale by owner in multiple listings and 31% have successfully found the property they want to call their own through their mobiles devices.
What follow the Millennials in the rankings of home buyers are the baby boomers with 31% recent home buys that ages between 50 and 59. They look for properties that are 30 miles away from their previous residences. They work with real estate agents in looking for properties that are multi-generational homes and are near in various important amenities such as supermarkets, churches, schools, hospitals, and others.
The third in the recent home buys with 27% are the Generation X or the people that were born between the years 1960 and 1970. This generation gives great importance in owning a property that can be inhabited for 10 years and more. The only deciding factor for them to move out is job relocation or when they want to make a brand new start. They search for a potential home that is 10 miles away from their previous residence. And when closing the deal, they opt for 10% down payment scheme.
The fourth share group with a recent home buy rate of 10% is the silent generations those ages over 69 years. These buyers tend to purchase properties that are senior-related and are near on various amenities like hospitals and supermarkets through personal calls. They have a habit of buying properties frequently for the reason that it's too costly for them to have a home renovation or improvements. Thus, they work with their real estate agents to make an arrangement of selling their property and find a brand new property to dwell in, which the agents ensures their client that the property that will be purchased is distant to their friends and families.
With such trends in the buying and purchasing power of the home buyers and sellers, it can be said that most wants to work with agents to ease up the paper works and negotiations; that as age increases, the higher the home buy satisfaction is gained. The prevailing communication vehicle in finding and closing the deals in the real estate industry are email, text and personal calls, while multiple listing services plays a vital part in connecting the property to the buyer or seller. And when it comes to an effective MLS website, try the TheRealtyCommission.com that guarantees home buyers and sellers in finding the best clients to seal the deal.
About The Realty Commission
The Realty Commission is a multiple listing service portal that offers one price fits all MLS Listing packages that include everything you need to sell or lease your property. They allow sale or lease of property FSBOs, helping buyers and sellers save thousand dollars and avoid high commission rates and overpricing from the private sale companies.