TV Ratings Bonanza While Jon Stewart mulls his post-Daily Show career options, here’s a brainstorm: Want to inject some excitement into 2016 national politics? Find a way to energize apathetic, notoriously low-turnout Millennials and actually get them to the polls? Run a candidate who speaks to them (and not a few Baby Boomers, Gen X’ers,...Read More
Millennial Subcategory: “Baby Boomerangers” One of the factors holding back the housing market is the (relative) dearth of first-time Buyers. Typically, such Buyers account for 40% of all residential real estate sales; the last few years, however, the percentage is closer to 33% (one-third). What accounts for the slippage? Three Theories Given that the average...Read More
Pre-Thanksgiving Cabin Fever?? Want a good explanation why Millennials and Generation Z-types — roughly, people aged 20 to 35 years-old — were AWOL from the housing market this past Summer? It was Summer! (Duh). So, why do they seem more active now? Thanks to the suddenly not-so-benign Twin Cities weather, many are now cooped up ....Read More
“Free at 1 p.m?” This anecdote is courtesy of Stefan Swanepoel, keynote speaker at Edina Realty’s 2011 annual meeting held last week: A Baby Boomer who wants to have lunch with an acquaintance will call or email two weeks in advance, then exchange multiple emails/phone calls over the ensuing two weeks to fine-tune the time and location. The Millennial (“Gen Y’er”)?...Read More
Millennials vs. Baby Boomers One of the most startling things I heard at yesterday’s Edina Realty annual meeting was the degree to which the Realtor ranks nationally are now dominated by (relative) old fogeys: something like half of all active agents are now over 40 years old (and not a few are over 65!). This, at the same...Read More
