The Echo Boomers - The Next Big Consumers

The Echo Boomers or Generation Y currently make up about one third of the US Population. Many of the Echo Boomers are starting to reach an age where they want and need things like, Houses, Cars, Insurance. The Echo boomers don't respond to marketing like Earlier Generations. In recent Focus Groups an Echo Boomer is just as likely to being playing a Video Game or surfing the Internet as watching TV.

What is an Echo Boomer. An Echo Boomer are the Children born to the Baby Boomers. Depending on which definition of echo Boomer you listen too the First Echo Boomers were born between 1977 and 1982. The Last Echo Boomers were born 1994 to 2004. It is Safe to say for the purpose of this article anyone under the age of 30 is an Echo Boomer.

Recent studies show that college students have a huge loyalty to the first company that gives them a credit card. When College student overextend there credit if they have 10 credit cards and rip up 9 they will always keep that first one. This Loyalty extends for years beyond college they still have that first credit card.

The next question to ask is if Echo Boomers remain loyal to their first credit card company will they remain loyal to their first, Real Estate Agent, Insurance Agent, Mortgage Broker. The average American buys there first house when they are over 30. Why not target some of these echo boomer between 20 and 30 and sell them that house. Help them with that mortgage. Then Follow up with them a few times a year to see if they have any question or concerns, The Average Homeowner Trades up between 5 and 7 Times. Wouldn't it be nice to build 10 or more relationships a year that result in 5 more big transactions in the next 20 to 30 years.

About the Author
Mike Makler Offers Financial Services (Mortgages,Life Insurance, Annuity) in Florissant Missouri which is in North St. Louis County Missouri Just Across the Bridge from St. Charles Missouri

Call Mike at 314 398-5547

Visit Mike's Web Page:
http://ewguru.com/finance

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http://ewguru.com/Mo-Finance

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MORE RESOURCES:

Realtors Say Foreigners Hold Key to Real Estate Revival - FOXNews

Investment Regimes for Indian Real Estate Sector Explored - MarketWatch

Real Estate Market Slumps, Showhomes Soars - MarketWatch

Moody#39;s: Commercial real estate prices rise - CNNMoney.com

Architects see drop in real estate design contracts - Los Angeles Times

Target shareholder revises real estate proposal - The Associated Press

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/5i-0fd=Rurl=http://www.reuters.com/article/hotStocksNews/idUSTRE4AI5MH20081119cid=1271977767ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNGpjlQ3jr-ymK6A6IRKZMvgPGLs2Qimg src=http://news.google.com/news?imgefp=XVuA8yiQ2LIJimgurl=www.reuters.com/resources/r/%3Fm%3D02%26d%3D20081119%26t%3D2%26i%3D6876351%26w%3D192%26r%3D2008-11-19T193234Z_01_BTRE4AI1BTF00_RTROPTP_0_TARGET width=80 height=50 alt= border=1brfont size=-2Reuters/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/5-0fd=Rurl=http://www.google.com/hostednews/ap/article/ALeqM5izZJX0Q9xiHBM5Mg3-Ee1B6sI8wQD94I9R8O0cid=1271977767ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNHXI2DL1Dfg8iui81jY8W4MT5aJDgTarget shareholder revises breal estate/b proposal/abrfont size=-1font color=#6f6f6fThe Associated Pressnbsp;-/font nobr15 hours ago/nobr/fontbrfont size=-1Ackman unveiled a plan last month that involves creating a breal estate/b investment trust that would take ownership of the land Target owns underneath its b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/5-1fd=Rurl=http://www.bizjournals.com/twincities/stories/2008/11/17/daily25.htmlcid=1271977767ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNHfAGSh-2gIMrPEzAvkK5VugHA35APershing revises Target land spin-off proposal/a font size=-1 color=#6f6f6fnobrBizjournals.com/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/5-2fd=Rurl=http://www.reuters.com/article/americasDealsNews/idUSTRE4AH7PD20081118cid=1271977767ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNFyuVBRiLYOn_cIoPSN3i1dI9GyjQPershing#39;s revised Target proposal out Wednesday/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/5-3fd=Rurl=http://blogs.reuters.com/reuters-dealzone/2008/11/19/troubled-retailerackman-5-bln-reit-ipo/cid=1271977767ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNEF2MKlNoPV_NNW9ofRS8kzeOFMwgTroubled retailer+Ackman= $5 bln REIT IPO?/a font size=-1 color=#6f6f6fnobrReuters UK/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/5-4fd=Rurl=http://www.guardian.co.uk/business/feedarticle/8044333cid=1271977767ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNHOFFDSsj6FGwbWGeit5ObkreYkpwnobrguardian.co.uk/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/5-5fd=Rurl=http://leapsinvestor.com/market-news/ackman-target-shares-worth-37share-726/cid=1271977767ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNHA8gx_gGtYvOEntwaL8W0J5bWZ6QnobrLEAPSInvestor.com/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1271977767hl=ennobrall 131 news articles/nobr/a/font/div/font/td/tr/table

E-House Reports Third Quarter 2008 Results - MarketWatch

UPDATE 1-Dubai real estate suffers as distressed sales rise - Reuters

Artis Real Estate Investment Trust announces monthly cash distribution - FOXBusiness

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/8-0fd=Rurl=http://www.foxbusiness.com/story/markets/industries/finance/artis-real-estate-investment-trust-announces-monthly-cash-distribution-319904495/cid=1272287796ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNEDK9SAfVTwWhgrCYdwjR3udvKvkQArtis bReal Estate/b Investment Trust announces monthly cash distribution/abrfont size=-1font color=#6f6f6fFOXBusinessnbsp;-/font nobr9 hours ago/nobr/fontbrfont size=-1Artis is a growth-oriented breal estate/b investment trust focused exclusively on commercial properties located in primary and growing secondary markets in b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-1fd=Rurl=http://businessmirror.com.ph/index.php%3Foption%3Dcom_content%26view%3Darticle%26id%3D2192:amid-global-economic-slowdown-investors-are-well-advised-to-train-their-sights-on-real-estate-%26catid%3D47:propertiescid=1272287796ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNFh2D-NeYWztBrafMQG7IVFwL04-Qâ€˜Amid global economic slowdown, investors are well-advised to b.../b/a font size=-1 color=#6f6f6fnobrBusiness Mirror/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-2fd=Rurl=http://www.newswire.ca/en/releases/archive/November2008/19/c2246.htmlcid=1272287796ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNEUh1RG0uvyUuRBH_aUH__XJeUbXgCrombie REIT announces monthly distribution/a font size=-1 color=#6f6f6fnobrCanada NewsWire (press release)/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-3fd=Rurl=http://www.foxbusiness.com/story/markets/industries/finance/investors-real-estate-trust-announces-increase-regular-quarterly-common-share-1154743513/cid=1272287796ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNFDjHpUZJAlKLvd910VxV6d3NQvkwInvestors bReal Estate/b Trust Announces Increase in Regular b.../b/a font size=-1 color=#6f6f6fnobrFOXBusiness/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/8-4fd=Rurl=http://www.foxbusiness.com/story/markets/industries/finance/holloway-lodging-real-estate-investment-trust-announces-monthly-distribution-1482787386/cid=1272287796ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNFHwnzsH8b426XOYnxiM6q-_jAYNgnobrFOXBusiness/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1272287796hl=ennobrall 24 news articles/nobr/a/font/div/font/td/tr/table

Commercial Real Estate Debt Index Plummets - Wall Street Journal

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/9-0fd=Rurl=http://online.wsj.com/article/SB122703851606838297.html%3Fmod%3Dgooglenews_wsjcid=1271977795ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNGlIBhjpdKuNdiCnhSMQEr8fxrrLQCommercial bReal Estate/b Debt Index Plummets/abrfont size=-1font color=#6f6f6fWall Street Journalnbsp;-/font nobrNov 18, 2008/nobr/fontbrfont size=-1By PRABHA NATARAJAN WASHINGTON -- A commercial breal estate/b debt index plummeted Tuesday after a Credit Suisse research report warned that two loans included b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-1fd=Rurl=http://www.reuters.com/article/bondsNews/idUSN1933428520081119cid=1271977795ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNG719eTGdk1-WvDOVG3Rh0z3aq56AUPDATE 1-Economy, TARP conspire against commercial mortgages/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-2fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da7v3wNC8x9WA%26refer%3Dhomecid=1271977795ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNGEHfRuLhoZr8FZxdIkhinsbcPOTwWestin, Promenade Commercial Mortgages Near Default (Update2)/a font size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-3fd=Rurl=http://www.reuters.com/article/marketsNews/idUSN1826572220081118cid=1271977795ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNFtCXN7gkSaMykszqa2jMCZHsWjZgUPDATE 1-Big CMBS loans seen near default, index yields soar/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/9-4fd=Rurl=http://online.wsj.com/article/SB122703851606838297.html%3Fmod%3Dspecial_page_campaign2008_mostpopcid=1271977795ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNEFqV3KUNM3YMRSmMmjfYAC38dFhwnobrWall Street Journal/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/9-5fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da0GR3cE_UyEE%26refer%3Dhomecid=1271977795ei=H3QlSZrkNpXM8ASfpoXGAQusg=AFQjCNFrfQHQphyXeWRp1U89ChjIX1UZvAnobrBloomberg/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1271977795hl=ennobrall 31 news articles/nobr/a/font/div/font/td/tr/table

Real-Estate - Google News

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