While millennials have often been the ones making headlines, Gen Xers (born between mid-1960s to early 1980s) have recently made some real estate news of their own. According to a National Association of Realtors study, Gen X increased their purchase activity by 28 percent in the year ending in June 2016.
Mirador licensed real estate salesperson Racquel Popovic understands the drivers for this increase. "Consider what life stage many Gen X individuals are in right now,” she said. “Many are thinking about retirement and moving in or out of big cities, and their children are now the ones requiring larger homes for expanding families. Many in this generation trust property over other investments and prefer the stability of the real estate market rather than gamble with stocks or other uncertain assets.”
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