Unlike homebuyers of older generations, Jennifer Oliver and Tyler Flynn never tapped a real estate agent or toured open houses. Instead, they relied on the Internet to find their first home — preferring the tech savvy methods favored by Generation Y. Internet matching criteria linked them to 901 McCoy Drive in Irving, Texas. It was the one and only house they viewed before buying.
Gen Y: Reaching a generation not sold on home ownership
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Opinion: How real estate will come back stronger
The latest tumult in real estate feels like our world has been turned upside down yet again. But underneath all the frenzy, I see a genuine opportunity for us to turn this into a positive and come back even stronger than before. I often think of the term “Anti-fragile” from the book of the same name by Nassim Taleb. The principle is that people and organizations can build their success around being able to come back even stronger after a wallop, instead of just withstanding the impact. This is real estate’s moment to become even more anti-fragile.
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