flexiblefullpage - default
Currently Reading

#Adulting: The Power of Millennial Homebuyers and Their Social Media Habits on the Housing Market

Advertisement
billboard - default

#Adulting: The Power of Millennial Homebuyers and Their Social Media Habits on the Housing Market


November 13, 2017
Taking a selfie
Photo: Pixabay

Millennials were the largest group of home buyers, at 34 percent, from July 2015 until June 2016, according to a National Association of Realtors report. And roughly two-thirds were first-time homebuyers. 

Many first-time homebuyers would rather share their new homeowner status on social media. Real estate agents have discovered photos on Instagram and other social media platforms are good for business. Corey Maurice Gilmore, an associate broker at Capstone Realty in Huntsville, Ala., said social media has a “huge role” with first-time homebuyers he works with, per Realtor.com.

Some of the pictures posted by HomeSmart Realty Group have been labeled “fake news” by other Facebook users. Their beef: They can’t believe so many millennials are buying their first home. “Its [a] scam people,” one person commented. Another wrote on a first-time homebuyer’s post: “I don’t understand how something like this could be a home for a first-time buyer. This is something you would really have to work for. Unless you’re related to daddy mcbigbucks.”

Read more

Tags

Related Stories

Design

Rethinking Housing Design in 2023 

To meet homebuyers’ evolving needs, we should use the current market slowdown as an opportunity to take a fresh look at housing design in response to recent trends

Builders

The Biggest Challenges for Contractors in the Year Ahead

High inflation, dwindling buyer demand, and lingering supply chain obstacles are just a few of the many challenges keeping contractors up at night during the first month of the new year

Housing Markets

These Are Zillow’s Most Popular Cities of 2022

Buyers moved away from costly coastal cities and drove up housing demand in these popular Midwestern metros in 2022

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category




Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.