Whether you’re browsing Instagram, Facebook or Snapchat, you can find everyone from real estate agents to mortgage companies taking advantage of these platforms to increase brand awareness, lead generation, sales and much more.
With millennials’ preference toward a mobile lifestyle, the question of “buy versus rent” is prevalent among a demographic that constitutes a large segment of our first-time homebuyers.
There is no surprise that population growth has a direct impact on a real estate market. An example of this is metro Denver, which is among the fastest growing in the nation — growing 2.1 percent, well above the national average of 0.8 percent growth, according to a recent analysis of U.S. Census Bureau data.
Millennials are entering their prime homebuying years. This, coupled with job gains and rising household formations overall, is leading many millennials to enter the housing market for the first time — albeit with trepidation.