How do next gen buyers think about real estate?

Real estate remains a top wealth allocation choice across all generations, with the emerging affluent identifying it as their primary growth opportunity.
The 2024 Study of Wealthy Americans by Bank of America reports that young wealth holders, digital nomads, and professionals in finance and technology view real estate as a leading asset class, alongside cryptocurrency and private equity. In contrast, older wealthy high-net-worth individuals prefer real estate in addition to U.S. and international stocks.
Bank of America reveals that individuals aged 21 to 43, particularly digital nomads and those in finance and tech, view real estate as their best wealth-building opportunity, along with cryptocurrency, private equity, and personal brand income.
For those over 44, the study indicates a strong preference for real estate, which they rank highly alongside U.S. stocks and equities from emerging and international markets.
Source: Bank of America 2024 Study of Wealthy Americans
Younger buyers are prioritizing real estate purchases but may have more diverse family structures and priorities than previous generations. Contact me to learn how I can help prepare your home for sale so it appeals to the emerging affluent.

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