In 2023, there were fewer than four million real estate transactions — the lowest number of homes sold in the last thirty years. In 1993, we had just 260 million people living in the U.S. Now we have 340 million. So last year was a record low. That’s why there is huge pent-up desire for people to move in 2024. The number one age group that wants to make a move is millennials. There are 72 million of them. 45.5 million are between the ages of 26 and 35. 26 is the typical age when people move out of their parents’ home, and 35 is when they become first-time buyers. This is the largest number of potential buyers in U.S. history. If you’ve been thinking about making a move, now is the time to talk through the unique opportunities in this market. I’m grateful to be your trusted advisor for all your real estate needs.
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