The next class of luxury homesellers is younger than you might think

In 2020, nearly half of homesellers were classified as baby boomers or the silent generation, but through the next year, a whopping 80 percent of luxury sellers will be millennials and Gen Xers. Continue reading

The Real Word: HENRYs, bickering buyers and the shutdown

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week: the next generation of wealth and what agents should know.  Continue reading

What you should know about the next generation of wealth

Mostly composed of millennials, HENRY — an acronym that stands for “high earners not rich yet” — describes a niche subset of the population that represents the next generation of wealth. Here are the facts. Continue reading

Bye-bye agents: millennials want ‘influencers’ to handle real estate

A majority of millennials rely on “influencers” to make purchasing decisions — and 80 percent said they would consider hiring one as a real estate agent. Continue reading