Our study of the Millennial generation has established this group to be the largest in American history. We’ve explored the national data showing that people of this age group care more than ever about walkability, ecology, originality, honesty, and economy. They try to meet these goals and challenges even in their first homes. Their priorities will have a direct effect on real estate as Millennial buyers take over the lion’s share of the market from the Baby Boomers they outnumber.
Sarah Green’s November wrap-up article last Friday reminds us that another real estate quarter has closed, and that deserves some analysis. In particular, we wanted to explore the The Standard & Poor's Case-Shiller Home Price Index as it recently updated at the end of November. This index, considered the most accurate measure of America’s home prices, always creates buzz in the industry, and this quarter is no different.