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Characteristics of Recent Homebuyers

By
Real Estate Agent with Bailey Properties, Inc. CA DRE # 01375721

The California Association of Realtors has released some new data on which generation recent first time home buyers. Not surprising Gen Y also know as the Millenial Generation leads the pack, making up 68% of first time buyers for 2015. Check out the infogrpahic below for all the information that CAR found.

If you are interested in more information about Santa Cruz, such as local events please feel free to contact me at pete@petecullen.com. With such great growth coming to Santa Cruz, now is the time to make this amazing place your new home. Feel free to email me to find your new home here in Santa Cruz and make sure to check out my website! 

CAR Data 

Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Thank you Pete. Young home buyers are the "new" baby boomers with a surge in home buying similar to after WWII. Similar situation as in Arizona. 

Jul 16, 2015 04:11 AM
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

It's a great time for tech savy agents that know how to communicate via email, text, apps with the new generation of buyers. Thanks for sharing.

Jul 16, 2015 05:19 AM
Anonymous
Cheri O'Neil

Interesting — we don't hear the term Silent Generation very much. That's the one applied to people born from the mid 1920s to the early 1940s.

Makes sense that not as many of them are first-time buyers as the rest of us. Good to see the Millennials leading that surge!

Jul 16, 2015 09:04 AM
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