Turnaround in the Housing Market is Inevitable

I'm really surprised that not many people seem to be paying any attention to this.

The Echo Boomers - (AKA Generation Y) - the generation born between 1982 and 1995 (13 years) is 80 million strong.

The Baby Boom generation was born between 1946 and 1963 (17 years), and was 77 million strong.

The Baby Boomers were responsible for the largest real estate build-out in US history. So what effect on real estate markets do you think the Echo Boomers will have?

The youngest of the Echo Boomers is 27 years old now. They're already buying houses. In fact, they're the ones buying a lot of the foreclosure houses. With $8K tax credits, thank you, President Obama.

Over the next several years, the Echo Boomers will be swarming the housing market like bees around a hive. You think we saw housing demand in the late 90s and early 2000s? It'll be nothing compared to this.

Savvy Cincinnati real estate investors have known this for some time. Buy-and-hold investors will see a windfall within the next five years.

Just remember: you read it here first.

Oh, yeah. You don't believe me? Check out a few of these sources. And check the dates of these articles. They aren't new.

• D&B All Business Web
• 60 Minutes
• American School & University