Songs That Sum Up Housing Trends Right Now: Real estate’s big
generational
mashup. The two biggest generations in U.S. history, baby boomers and
millennials, will determine what happens in housing this year—and for
the foreseeable future. Last year, millennials were already the largest share of buyers, and they are not yet buying at normal levels for 25- to 34-year-olds.
Add in the boomer share, and you’re up to almost two-thirds of
purchases. Let’s hope the generational mashup in real estate works out as
well. Listen to Kelly Clarkson’s upbeat “Heartbeat Song” and other signers illustrate real estate returning.
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