Millennials are entering their peak homebuying years – and according to industry
statistics, their reluctance to enter the housing market is declining. A study from the
National Association of REALTORS® (NAR) reports that Millennials (those born between
the early 1980s and early 2000s) are the largest generational group of homebuyers in
the country.
Millennials present the mortgage industry with an exciting opportunity. Reach this
important generation by following these tips:
• Take advantage of social media. Millennials frequently rely on social media outlets
such as Facebook, Twitter, and Instagram for recommendations, advice, ideas, etc.
So maintaining a social media presence that’s professional, relevant, and engaging is
essential.
• Be mobile friendly. The NAR reports that 71% of Millennials used a mobile or tablet
website or application in their home search (highest among all generations). Make sure
your content is clear and concise. Too many graphics and images can slow down load
times. Finally, simplify navigation menus and incorporate user-friendly search boxes.
• Understand what Millennials want. For example, Millennials are the generation most
influenced by the quality of a neighborhood and its proximity to workplaces. They are
also more willing to purchase a home because of its energy efficiency features and are
the generation most likely to buy in an urban or central city area.
I hope these tips help you achieve your marketing goals. As always, I am here to
provide useful advice and information.
The Easterbrook Team would love to listen and share marketing tips.
Give us a call 916.850.6050
EasterbrookTeam@spmc.com
"We Make The Loan Process Easy!"
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