Generation Y???? How About Generation WHY NOT!!!! Millennial Homebuyer's WELCOME!!!!

Real Estate Agent with Coldwell Banker 01845411

Generation Y???? How About Generation WHY NOT!!!! Millennial Homebuyer's WELCOME!!!!

As a Generation Y person myself I have heard so many terms for this generation... Generation Y, the Millenials, Echo boomers,  and my personal favorite.... The "lost" generation... I feel they only call us that not because we are lost, mostly because the baby boomers and generation X had a little to much fun and created this gynormous mess that are Gen Y'er's are getting lost in and will eventually be responsible for cleaning up.

But in regards to being an actual "lost" generation... All I have to say to that is HECK NO!!! I will say that Generation Y is going to ROCK THIS WORLD! Why you may be asking... Well I will tell you why...

You are looking at the most entrepreneurial generation you will ever see! This is the generation that has been raised since childhood to go to college get a degree and get an awesome paying job and live happily ever after.. Well we went to college we got our shiny new degree and ummmmm... well where are all these awesome jobs that were promised us.. ::Listen closely to the flushing noise in the background::.. So now what??? Most of us college grads.. We are, for the most part..(I will admit each generation has their village idiots.. Some generatons had a little more of their fair share) a very educated and intelligent generation..

Human nature is to survive even under the most trying circumstances. Generation Y's desire to survive is very much there. You take away their job opportunities, they will create their own, you take away our corportate offices... No worries.. We can work from a Starbucks and with all the caffiene we can work overtime. By creating adversity for this generation you are creating, what I hope to be, a new wave of small business owners!

So what do Generation Y'er's need to know?

 Investing in real estate is STILL the best investment!!!

That's right... I said it!!! Real Estate is an AMAZING investment!!  I know we are all comfortable with renting our cozy little apartment/townhome/condo/loveshack/bachelor/bachelorette pad/childhood bedroom at mom and dads house... But do you realize how much money you are throwing away on rent?!?!?!!? There are no tax deductions, benefits, write-offs at all to renting. You are only recieving the instant gratification of having a place to live for another month..

The American dream of homeownership is still alive and well! One of the biggest detterents to buying a home is lack of a down payment, there are so many programs out there that help with that.. There are programs right now where you can buy with as little as .5% down!!! Example: If you qualify for a $350,000 home loan with this program that is only a $1750 downpayment.. Is that do-able??? I would say so!

Generation Y'er's also keep in mind NOW is a great time to buy.. You are buying in a down market with low interest rates..Our generation will NEVER see interest rates like this again! I know we are not a bunch of procrastinators... That is not our style... As young entrepreneurs we make decisions that make the most financial sense... It's time for us to invest in some real estate! SO GET TO IT!!!

Posted by

Stacey Smith
Coldwell Banker-Residential Properties
BRE. License #01845411

 If you are looking to buy a home or sell your current home in Orange County, Ca. please allow me to assist you. I work throughout most of Orange County but my area of expertise happens to be south Orange County and the Coastal cities. Locations I service include: Dana Point, Capistrano Beach, San Juan Capistrano, San Clemente, Laguna Beach, Newport Beach, Huntington Beach, Crystal Cove, Corona Del Mar, Laguna Niguel, Aliso Viejo, Mission Viejo, and Costa Mesa. I service all areas through out Orange County so please call me today and allow me to assist you! 



Please Allow Me To Assist You and Your Family in Finding The Perfect Home As Your Real Estate Agent!





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  1. Cheryl Ritchie 01/26/2012 12:14 AM
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Sharon Paxson
Arbor Real Estate - Newport Beach, CA
Newport Beach Real Estate - Arbor Real Estate

Oh and just one other quick thing - love your new background - very artsy - but I know what it is - looks great!

Jan 24, 2012 06:26 PM #4
Derek McClintock
C2 Financial - San Diego, CA

Hilarious and true post. I do the 0.5% down loans all the time and when I mention them to people, no one believes me. It's sad to see so much money being thrown away on rent when if the potential buyer just had a mortgage person run some numbers for them, they might be surprised what they find out. Good luck to you!

Jan 24, 2012 08:10 PM #5
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA


Now, more than ever, is it important to heed the mantra "Buy low, sell high" . Those of us (baby boomers, in particular) have seen and survived the highest prices, the highest rates (I remember the early 80s when interest rates were as high as 17-22% depending on the lender. And yet, people were lining up outside the banks to get a mortgage.

And now? Unbelievable rates. I have not seen these until now.

Jan 24, 2012 08:34 PM #6
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Yes, I have to agree; in my experience Gen Y is very entrepreneurial...and ready to buy their first home...and in years to come, they will be buying larger homes.  A great entry point target.

Jan 24, 2012 10:31 PM #7
Kristine Ginsberg
Elite Staging and Redesign, LLC - Short Hills, NJ
NJ Home Stager

Stacy - very inspirational post and you're right - a college degree is what it used to be and we are seeing more entrepreneurs than ever. Real estate has always been and will always be the best investment the average person can make. To your point this is the best time to buy with interest rates being at an all time low and such great deals to be had! Go Generation Y'er's!

Jan 25, 2012 03:43 AM #8
Barbara Hensley
RE/MAX Properties - Rockwall, TX
Homes for Sale in Rockwall County, Texas

Stacey - this is great....EXCELLENT!  I hit the suggest button.  I agree with you 100% - these are exciting times and this generation can do anything they put their minds to do - unlimited potential and unbelievable opportunities coming to those who dare to open the doors! 

Jan 25, 2012 05:47 AM #9
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Excellent capture the essence of the entrepreneurial spirit in your description of this "group"...and it is a time to be investing in real estate (forerunner people make the $$).   Well said.

Jan 25, 2012 06:46 AM #10
Deb Brooks
Brooks Prime Properties Wichita Falls Texas - Wichita Falls, TX

Stacy, I totally agree! In fact, they had better get it now as it may just get worse. Great post and nod...


Jan 25, 2012 06:48 AM #11
Glenn Freezman
Family Abstract, Inc. - Horsham, PA

Stacy, great post!  Like Rich Dad poor Dad, it's a matter of the upbringing!  My bigger question is why did they start with X?  Did anyone put any thought into the fact that after X we can only have 2 more generations?

Jan 25, 2012 08:10 AM #12
Lang Premier Properties
Lang Premier Properties - Clawson, MI
Metro Detroit Real Estate Group

Thanks for the post Stacy.  I love your style of writing, keep up the great work and best of luck and success to you in 2012!

Jan 25, 2012 08:25 AM #13
Victor Zuniga
Berkshire Hathaway Home Services California Properties - San Diego, CA

I've also read some articles indicating that this current generation coming up are waiting to purchase their first home mostly due to the uncertainty in the job market. Many college grads can't find a job in their field of study and are instead going back to school to get a master's degree instead.

Jan 25, 2012 09:57 AM #14
Tara Skinner at Keller Williams Advantage Realty
Keller Williams Advantage Realty - Golden, CO
- Connect with us!

Thank you for giving the Y Generation a boost, Stacy! Many of the people I know in this age bracket are well on their way starting businesses, or working for local businesses. It is nice to see the good points about how hardworking and unique a generation can be. I can't agree more that a home is still a good investment. 

Jan 25, 2012 10:49 AM #15
Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

A very inspirational and encouraging post. My concern, however, is that you may not be especially typical of a generation Y'er. You strike me as a little more "on the ball" and energetic than some I know. That said, I totally agree that real estate is still the best investment, especially now that artificially inflated prices have come down to a more realistic value.


Jan 25, 2012 11:11 AM #16
Laurie Clark CRB Angel Realty LLC Your Monument Realtor 719-502-6572
CRB-CCSS-ASD-HBS-RSD-Denver Short Sale Agents - Monument, CO
Angel Realty, LLC

Congrats on the feature. This is a very inspirational blog post that I think many a Realtor can benefit from. Adversity is only the stage for creative and out of the box thinking. Thanks for sharing and have a great week.

Jan 25, 2012 01:48 PM #17
Donald Reich
Prudential Centennial - New Rochelle, NY

Now is the BEST time to buy. If a Gen Yer is not ready to buy a house, but a co-op or condo.. get in the came, you will come out ahead in the end!

Jan 25, 2012 02:50 PM #18
John McCormack
Albuquerque Homes Realty * - Albuquerque, NM, Albuquerque Homes Realty

Congrats on a great Feature!  Indeed generation Y needs to understand the importance of being home owners!  

Jan 25, 2012 04:55 PM #19
Cheryl Ritchie
RE/MAX Leading Edge - Huntingtown, MD
Southern Maryland 301-980-7566

I love this unforgettable post. Reblogged it...

What a fantastic,upbeat post about Generation Y Not? This will stay on my mind and hopefully on yours, too. I love the spirit captured to express how awesome this group of young homebuyers will be. They can lead the Housing Recovery Charge so Y Not? Gen Y, this is Y I cannot wait to help you find your Southern Maryland home.

Jan 26, 2012 12:15 AM #20
J. Philip Faranda
J. Philip Faranda (J. Philip R.E. LLC) Westchester County NY - Briarcliff Manor, NY

I appreciate your optimism. 

Don't be too quick to blame Gen X for the state of thw world today, however. We were in our teens and twenties when most of the underpinnings of the current situation were set in. 

Study your demographics. We're going to have to fix it. 

Jan 26, 2012 01:32 AM #21
Sandy Acevedo
951-290-8588 - Chino Hills, CA
RE/MAX Masters, Inland Empire Homes for Sale

Hi Stacey, what an enthusiastic post. Love it. I think every generation receives its fair share of criticism, until it is their turn to criticize the next one... almost a rite of passage.

Jan 26, 2012 03:21 AM #22
Jark Krysinski *PREC (Personal Real Estate Corporation)

Good morning Stacey! I love your great post, Y not? LOL~ Most of my clients are Y generation and they are all entreprenurial and have planed to buy there investment.Good for them, and good for you!

Have a nice day  and thank you for sharing this with us!

Jan 31, 2012 04:34 AM #23
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