What age group will influence the real estate market the most over the next 10 years?

  • October 31 2010 - Cincinnati
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Answers (2)

Trent,
This is a good question. 
The forgotten generation or civics as they are sometimes called (age 65+) is the smallest group and the least influential of all the groups.

Baby boomers (age 46-64) is still the largest group (barely) and most are downsizing now.  This has had a huge effect on the real estate market and for the last few years until now has had the most influence in the real estate market.

Gen X (age 34-46) is a smaller group and because of their age at the lower end are already in the child raising age and over the next decade will probably have less need to move than the other groups.

Gen Y (age 16-34) is almost as large as the baby boomers and in the next decade, I believe, will be the group with the most influence.  This group will have more marriages, divorces, career moves and children than the other groups.
  • October 31 2010
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Hard to predict!
  • November 02 2010
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