Still remember my previous blog post “3 disruptive trends that will forever change the property industry”? There is a fourth trend on millennial homebuyers. Millennials (not the yellow color “minions” in the Despicable Me movie) are also known as Generation Y. They are referred to those who are born between 1982 and 2004 (or between 13 to 35 years old). Every serious industry stakeholder who cares about the future of the property industry must spend some time understand about millennials. Because this group will soon become the cornerstone of our society and the main supporter of our economy. As the breadwinner of their family, the millennials are going to be the decision makers of property purchase and the endusers of property products and services. There are 4 characteristics of millennials that are going to make a big impact in the property industry. 1. Millennials are “digital natives”. The 2016 Zillow Group Consumer Housing Trends Report highlights the fact that millennial buyers and ......