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Tuesday, March 25, 2014


The National Association of Realtors recently published a report of Home Buyer and Seller Generational Trends.  Understanding generational trends is very interesting and critical in our profession of selling real estate.  Over the next few weeks we will be examining the generations and factors that affect the decision making as it relates to real estate.  Here are a few points of interest regarding the Gen Y generation. 

 

The Gen Y generation are those born between 1980 and 1995 (ages 33 and younger).  They currently represent the largest share of home buyers at 31 percent and the smallest share of home sellers at 12 percent.  76 percent are first time home buyers.  19% live in urban areas, the largest share among the generations. They are buying primarily for the desire to own a home.  The biggest neighborhood influencers are quality of neighborhood and the convenience to their job.  Communicating costs are very important to 37 percent of the Gen Y buyers.  This buyer plans on living in their home 10 years.  74 percent said the number one benefit of having and agent was helping them understand the process.  56 percent said student loan debt delayed their saving abilities.  17 percent had to stall their home sale because their home was less than their mortgage and 87 percent consider their home to be a good financial investment.

 

Next week we will take a look at the Gen X generation.  That includes those born between 1965 and 1979, ages 34 to 48.

 

If you are considering a move or have questions regarding real estate in St. Charles County or the St. Louis Metropolitan area, contact The Boehmer Team at www.TheBoehmerTeam.com.

Monday, March 24, 2014


The 2013 Profile of Home Buyers and Sellers is generated and published by the National Association of Realtors.  The most recent report shows that buyers are relying on the assistance of a real estate professional now more than ever to help them find the right home, help them understand the process and negotiate the terms of the sale.  Sellers as well turn to professionals to help them sell their homes, market their homes effectively and find buyers for their homes.  As the market has changed and evolved, the need to use a real estate professional has increased.  In 2013, 82 percent of buyers purchased their new home through a real estate agent or broker, a share that has steadily increased from 69 percent in 2001. 

 

Honesty and trustworthiness were ranked as the most important factor when choosing an agent to work with at 25 percent followed by the agent’s reputation at 21 percent.  Buyers also placed a high importance on agent communication skills and the ability to help them understand the process. 

 

If you are considering a move or have questions regarding real estate in St. Charles County or the St. Louis Metropolitan area, contact The Boehmer Team at www.TheBoehmerTeam.com.

Sunday, March 23, 2014

The Boehmer Team honored for donation to The Sunshine Kids


The Boehmer Team with Prudential Select Properties Real Estate has recently been recognized for the fifth consecutive year for being among the top contributors, companywide, to The Sunshine KidsThe Sunshine Kids is a not for profit organization dedicated to children with cancer. Established in 1982, they are committed to providing positive group activities and emotional support for young cancer patients. The Sunshine Kids provides a variety of programs and events, free of charge, for kids who are receiving cancer treatments in hospitals across North America.
 

March is the red carpet season for real estate.  Among all of the awards and accolades that we have been blessed to receive this year, this is the one that means the most to us.  We make a contribution for every closed sale, both listings and buyers, to The Sunshine Kids.  It is a privilege to be affiliated with an organization that has made, and continues to make, a difference for these amazing and brave children.

 

If you are considering a move or have questions regarding real estate in St. Charles County or the St. Louis Metropolitan area, contact The Boehmer Team at www.TheBoehmerTeam.com.