What is an Echo Boomer?

What is an echo boomer, you ask or maybe you already know! Yeah, you guessed it the echo of the baby boomers are our children. And their out in force 80 million plus of them. And they are smart and buying homes. 97% are on Social Media sites and they range in age from 18-32 years old. They are falling into the statistics of the 50% of all transactions being first time homebuyers. Of that 50%, 20% are single females, 36% are 25-34 years old and 11% are our senior citizens. Prices are still down and rates are still at record lows. This is a truly great time to buy homes and invest in real estate. So contact your favorite real estate agent and let's get this economy really moving. Rent should not even be an option even so of the Mega Lenders like Wells Fargo is lending money with credit scores as low at 500 with 20% down. There is no excuse!! Buy, buy and buy! The only thing you'll regret is not doing it.