Showing posts with label student loans. Show all posts
Showing posts with label student loans. Show all posts

Generations Defined

Seems every day we hear about millennials – and relatively soon, we can expect to hear more conversations about Generation Z as they prepare to manage the world and take their place in history.

I decided it was time to recheck the “age years” for each group. I understand some modifications were made and I suppose this is as good a time as any to point out these time definitions are not an exact science. Research suggests that the time frame is more of a tool to analyze the shifts in how each age group experiences the world. Experiences in technology, economics, politics and social views change over time – and those changes define the reality for each generation.

Today, the millennials are the most educated group ever to exist. But with that, today’s new home buying generation is burdened with enormous and unprecedented student debt. We need to find solutions – some more immediate while others to help ensure the situation is not repeated.

Our real estate business welcomes clients of all generations. Maybe we helped your mom or dad – or even the grands – but we want to help this next generation of home buyers get off to a good start. Call today and let’s explore the options. Everyone should have the opportunity to have a home you own!

Gen Z, iGen, or Centennials: Born 1996 – Present
Millennials or Gen Y: Born 1981 – 1996
Generation X: Born 1965 – 1980
Baby Boomers: Born 1946 – 1964
Silent Generation: Born 1928 – 1945

About Student Loans

Student Loans = Higher Credit Scores... Well folks, this one surprised me - until I started thinking about it. According to the experts and their studies, those with student loans tend to have higher credit scores than those who do not. Perhaps the better education helps. The downside is that those folks having student debt may put off the home buying decision. Read more details in today's article